Amendment No. 1 to the Strategic Petroleum Reserve Plan. Hearing before the Committee on Energy and Natural Resources, United States Senate, Ninety-Fifth Congress, First Session on the proposal by the Federal Energy Administration to accelerate the development schedule of the strategic petroleum reserve to store 500,000,000 barrels of oil by the end of 1980, June 9, 1977
The hearing was before the Subcommittee on Energy Production and Supply. The purpose of the amendment (Energy Action No. 12) is to accelerate the development schedule of the reserve so that there will be 500 million barrels of oil in storage by the end of 1980, instead of 1982. Statements were presented by Sen. Dewey F. Bartlett, Oklahoma; John G. Buckley, Northeast Petroleum Industries, Inc.; Dr. James S. Cross, American Petroleum Institute; Sen. John A. Durkin, New Hampshire; Sen. Floyd K. Haskell, Colorado; Kenneth S. Kamlet and Dr. Eric Rifkin, National Wildlife Federation; and Rear Admiral William Myers, :Department of Defense before John F. O'Leary's statement from the Federal Energy Administration was presented by Thomas E. Noel. The FEA statement described the proposed action and explained the actions necessary to attain that objective. FEA was also afforded the opportunity to discuss the feasibility of accomplishing the accelerated schedule and reviewed the benefits and costs from the speedier rate of storage. The economic and environmental impacts were also reviewed. The final statement was presented by Dr. James G. Tewksbury, Foster Associates, Inc. Answers to questions addressed to the FEA are published in Appendix I. (MCW)
- OSTI ID:
- 7218962
- Resource Relation:
- Related Information: Publication No. 95-43
- Country of Publication:
- United States
- Language:
- English
Similar Records
Review of the Strategic Petroleum Reserve Plan. Hearing before the Committee on Interior and Insular Affairs, United States Senate, Ninety-Fifth Congress, first session on FEA's Strategic Petroleum Reserve Plan submitted to the Congress for review pursuant to Public Law 94-163, February 4, 1977
Review of the strategic petroleum reserve plan. Hearing before the Committee on Interior and Insular Affairs, United States Senate, Ninety-Fifth Congress, First Session, on FEA's strategic petroleum reserve plan submitted to the Congress for review pursuant to Public Law 94-163
Related Subjects
POLICY AND ECONOMY
02 PETROLEUM
STRATEGIC PETROLEUM RESERVE
LEGISLATION
COST BENEFIT ANALYSIS
ECONOMIC IMPACT
ENVIRONMENTAL IMPACTS
HEARINGS
PETROLEUM
RESERVES
STORAGE
ENERGY SOURCES
FOSSIL FUELS
FUELS
RESOURCES
294002* - Energy Planning & Policy- Petroleum
293000 - Energy Planning & Policy- Policy
Legislation
& Regulation
024000 - Petroleum- Storage- (-1989)
021000 - Petroleum- Legislation & Regulations