Foreign ownership control and influence on domestic energy sources and supply

Technical Report · Sun Dec 01 04:00:00 EST 1974

OSTI ID:7343786

Warner, A J

This report reviews the foreign ownership of, influence on, and control of domestic energy supplies and sources and makes recommendations that will permit the monitoring of such foreign ownership. The study identifies 27 foreign companies, or subsidiaries of such companies, which control some segment of U.S. petroleum and natural gas supply. The analysis of foreign ownership of U.S. energy activity indicates that direct foreign influence over U.S. energy ranges from 2.4 to 12 percent, with the greatest influence found in petroleum downstream operations. Improved reliability in monitoring foreign control and influence will require systematic identification of foreign interest investments in specific sectors of U.S. energy activities and coordinated effort between all government data systems which collect pertinent energy data, corporation equity interests, and foreign investments. Further monitoring recommendations should be forthcoming from a study conducted by the Department of Commerce and Treasury pursuant to Public Law 93-479, to be completed in 1976. (GRA)

• Research Organization: Federal Energy Administration, Washington, D.C. (USA)
• OSTI ID: 7343786
• Report Number(s): PB-243796; FEA/M-74/219
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
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ACTINIDES
CARBONACEOUS MATERIALS
COAL
ECONOMICS
ELEMENTS
ENERGY SOURCES
ENERGY SUPPLIES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
INVESTMENT
LEASING
MANAGEMENT
METALS
NATURAL GAS
PETROLEUM
PETROLEUM REFINERIES
PRODUCTION
TRADE
URANIUM