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Title: Petroleum products: Effects of imports on U. S. oil refineries and U. S. energy security

Technical Report ·
OSTI ID:6978830

U.S. crude oil refining capacity would likely be sufficient to process domestic crude oil and crude imports if an oil emergency occurred at the present time. As an indication of future emergency refining capabilities, U.S. capacity would also likely be sufficient to refine domestic supplies if a disruption occurred in 1990. A tariff or quota would shift billions of dollars annually from consumers to crude producers and/or refiners and, in the case of a tariff, to the government. Consumers and the economy would benefit from a tariff or quota.

Research Organization:
General Accounting Office, Washington, DC (USA)
OSTI ID:
6978830
Report Number(s):
GAO/RCED-86-85
Country of Publication:
United States
Language:
English