TITLE

Topping Off

AUTHOR(S)
Peters, Katherine Mcintire
PUB. DATE
March 2006
SOURCE
Government Executive;Mar2006, Vol. 38 Issue 4, p45
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on the U.S. Strategic Petroleum Reserve that is a collection of underground salt caverns in Texas and Louisiana. It was created by the 1975 Energy Policy and Conservation Act after Arab nations cut the supply of crude oil to the United States during the 1973-74 oil embargo. Data compiled by the Energy Department show that during the 1973 oil embargo, the United States consumed about 17.3 million barrels of oil a day, compared with 20.6 million barrels per day today. The article also presents chronology of events of oil related issues from 1944 to 2005.
ACCESSION #
20241414

 

Related Articles

  • GAO audit reveals DOE reviewing SPR's size. DAY, JIM // Energy Daily;10/21/2014, Issue 202, p2 

    The article focuses on a report issued by the U.S. Government Accountability Office (GAO) recommending that the Energy Department consider reducing the size of the Strategic Petroleum Reserve (SPR). Topics discussed include the launch of a wide-ranging review of the Gulf Coast oil storage...

  • Strategic Petroleum Reserve: Available Oil Can Provide Significant Benefits, but Many Factors Should Influence Future Decisions about Fill, Use, and Expansion: GAO-06-872.  // GAO Reports;10/3/2006, p1 

    Congress authorized the Strategic Petroleum Reserve (SPR), operated by the Department of Energy (DOE), to release oil to the market during supply disruptions and protect the U.S. economy from damage. The reserve can store up to 727 million barrels of crude oil, and currently contains enough...

  • Sale of reserve oil to be largest in SPR history. Restuccia, Andrew // Hill;7/12/2011, Vol. 18 Issue 101, p23 

    The article reports on the sale of 30 million barrels of oil reserve from the Strategic Petroleum Reserve (SPR) of the U.S. Department of Energy.

  • The Carter Energy Plan. Davidson, Paul // Challenge (05775132);Sep/Oct77, Vol. 20 Issue 4, p53 

    This article focuses on the Carter energy plan. Economists know that both supply and demand factors affect energy prices and uses. On the supply side the fundamental supposition of the Carter-Sehlesinger policy is that the United States is helplessly caught between a cartel constraint and a...

  • The oil danger. BESCHLOSS, MORRIS R. // Supply House Times;Nov2015, Vol. 58 Issue 9, p90 

    The article discusses the risky energy policy of the U.S. such as the reluctance in removing the 1974 U.S. oil embargo, the refusal of the U.S. Energy Agency on the Trans-Canada XL oil pipeline in favor of Arctic drilling, and the proposal of the Environmental Protection Agency to reduce methane...

  • The Global Oil Rush. McFarlane, Robert C. // National Interest;Summer2006, Issue 84, p34 

    This article emphasizes that energy is essential to almost every feature that defines Americans quality of life, and this is why ensuring access to energy at an affordable price is a vital U.S. national interest. Energy security is not just about stemming rising prices at the gas pump, but...

  • Energize to end energy dependency.  // Crain's Cleveland Business;9/23/2002, Vol. 23 Issue 38, p10 

    Reports the need for implementing an energy policy in the U.S. Plans of the government to pump more domestic oils into the Strategic Petroleum Reserve of the country; Analysis of the performance of the domestic oil production; Importance of developing a fuel cell technology in the country.

  • Bush Would Pump Up Oil Reserves. Elvin, John // Insight on the News;11/26/2002, Vol. 17 Issue 44, p35 

    Reports on the plan of U.S. President George W. Bush to fill the nation's Strategic Petroleum Reserve to full capacity. Composition of the reserve which was established in 1975; Options on how to fill the reserve to full capacity.

  • Heating oil reserve created.  // Contractor Magazine;Aug2000, Vol. 47 Issue 8, p51 

    Reports that United States President Bill Clinton directed Secretary of Energy Bill Richardson in July 2000 to establish a heating oil component of the strategic petroleum reserve in the Northeast. Purpose of establishing the component; Details of the plan; Comments from Richardson.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics