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U.S. Department of Energy
Office of Scientific and Technical Information

Enhanced recovery alternatives. [Petroleum produced by enhanced recovery exempt from price controls under new federal policy]

Technical Report ·
OSTI ID:7366745
From August 1973 to date (February 1975) the selling price of all crude oil produced in the United States has been subject to either control by the federal government or specifically exempt from such control. Production which is exempt is sold at a free market price ranging from $8 to $12 per barrel (42 U.S. gallons). Production which is subject to control is sold at a price of $5.25 per barrel. Processed data projecting some consequences of a change in federal policy regarding production exempt from price controls are presented. The policy change would transfer to exempt production the oil produced by enhanced recovery methods, (i.e., the selling price of such production would be decontrolled). (LK)
Research Organization:
Interstate Oil Compact Commission, Oklahoma City, Okla. (USA)
OSTI ID:
7366745
Report Number(s):
NP-20849
Country of Publication:
United States
Language:
English