Actions for U.S. exports of oil and natural gas : analyses of selected issues

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U.S. exports of oil and natural gas : analyses of selected issues / Frank G. Adams, editor

Author
Adams, Frank G.
Published
New York : Nova Publishers, [2015]
Physical Description
1 online resource
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Contents
U.S. EXPORTS OF OIL AND NATURAL GAS: ANALYSES OF SELECTED ISSUES; U.S. EXPORTS OF OIL AND NATURAL GAS: ANALYSES OF SELECTED ISSUES; Library of Congress Cataloging-in-Publication Data; CONTENTS; PREFACE; Chapter 1: CHANGING CRUDE OIL MARKETS: ALLOWING EXPORTS COULD REDUCE CONSUMER FUEL PRICES, AND THE SIZE OF THE STRATEGIC RESERVES SHOULD BE REEXAMINED; WHY GAO DID THIS STUDY; WHAT GAO RECOMMENDS; WHAT GAO FOUND; ABBREVIATIONS; BACKGROUND; REMOVING CRUDE OIL EXPORT RESTRICTIONS ISEXPECTED TO INCREASE DOMESTIC CRUDE OIL PRICESAND COULD DECREASE CONSUMER FUEL PRICES., REMOVING CRUDE OIL EXPORT RESTRICTIONS ISEXPECTED TO INCREASE DOMESTIC PRODUCTION ANDHAVE OTHER EFFECTSCHANGING MARKET CONDITIONS RAISEQUESTIONS ABOUT THE SIZE, LOCATION,AND COMPOSITION OF THE SPR; CONCLUSION; RECOMMENDATION FOR EXECUTIVE ACTION; AGENCY COMMENTS AND OUR EVALUATION; APPENDIX I: ADDITIONAL INFORMATION ON FOURSTUDIES OF THE IMPLICATIONS OF REMOVING CRUDEOIL EXPORT RESTRICTIONS; APPENDIX II: LIST OF STAKEHOLDERS INTERVIEWED; Chapter 2: NATURAL GAS: FEDERAL APPROVALPROCESS FOR LIQUEFIED NATURALGAS EXPORTS∗; ABBREVIATIONS; WHY GAO DID THIS STUDY; WHAT GAO FOUND; BACKGROUND, DOE HAS APPROVED 9 APPLICATIONS TO EXPORT LNGTHROUGH A REVIEW PROCESS THAT CONSIDERSA RANGE OF FACTORS TO DETERMINE WHETHERAPPROVAL IS IN THE PUBLIC INTERESTFERC HAS APPROVED 3 FACILITY APPLICATIONS ANDIS REVIEWING 14 OTHERS USING A TECHNICALLYCOMPLEX PROCESS THAT INVOLVES OTHER AGENCIES; AGENCY COMMENTS; APPENDIX I: APPLICATION NAMES USED BY THE GAO; Chapter 3: U.S. EXPORTS OF CRUDE OIL AND NATURALGAS: THE CASE OF ALASKA∗; SUMMARY; INTRODUCTION; OIL EXPORTS FROM TAPS; OIL EXPORTS FROM COOK INLET; OIL EXPORTS TO CANADA UNDER NAFTA; LIQUEFIED NATURAL GAS EXPORTSFROM KENAI LNG, and ALASKA LNG PROJECTCONSIDERATIONS FOR CONGRESS; APPENDIX A. STATUTORY LIMITS ON TAPS OIL EXPORTS; APPENDIX B. STATUTORY LIMITS ON COOKINLET EXPORTS; Chapter 4: FEDERAL PERMITTING AND OVERSIGHT OF EXPORT OF FOSSIL FUELS; SUMMARY; INTRODUCTION; GENERALLY APPLICABLE EXPORT REQUIREMENTS; STATUTES GOVERNING AUTHORIZATION TO EXPORT FOSSIL FUELS; EXPORT FACILITY AUTHORIZATION; AGREEMENT ON TARIFFS AND TRADE; NAFTA AND OTHER FREE TRADE AGREEMENTS; LEGISLATION IN THE 113TH CONGRESS; CONCLUSION; Blank Page; INDEX.
Summary
Almost four decades ago, in response to the Arab oil embargo and recession it triggered, Congress passed legislation restricting crude oil exports and establishing the SPR to release oil to the market during supply disruptions and protect the U.S. economy from damage. After decades of generally falling U.S. crude oil production, technological advances have contributed to increasing U.S. production. This book examines what is known about price implications of removing crude oil export restrictions; other key potential implications; and implications of recent changes in market conditions on the.
Subject(s)
ISBN
9781634639309 (ebook)
1634639308
1634639049
9781634639040
Bibliography Note
Includes bibliographical references and index.
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