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Title: Oil inventory capacity in selected countries and estimates of global inventory fluctuations: 1978 to 1982

Technical Report ·
OSTI ID:7179850

The principal objective of this project has been to determine the feasibility of constructing a data base on world primary secondary, and tertiary oil storage capacity. This objective was inspired by the view that surges in stock levels - i.e. sudden changes in the amount of oil storage owners desire to hold - can have a substantial impact on supply, demand, and prices in the world oil market. Those interested in improving their understanding of the market would benefit from a better picture of the storage situation. This report presents the fruits of research into the storage scene in seven industrial countries: the United States, Japan, West Germany, France, Italy, Spain, and the Netherlands. One finding of this project is that it is indeed possible to construct a useful data base. A major obstacle, however, is the poor quality of information on secondary and tertiary capacity in some countries. The cooperation of government and industry is essential to overcome this handicap. Our research was greatly aided by such cooperation.

Research Organization:
Energy Security Analysis, Washington, DC (USA)
DOE Contract Number:
AI01-81RA31029
OSTI ID:
7179850
Report Number(s):
DOE/RA/31029-T1; ON: TI84010419
Country of Publication:
United States
Language:
English