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- U.S.-China Relations: Policy Issues -- Click to view this document
- FBI Director: Appointment and Tenure -- Click to view this document
- Legislative Branch Agency Appointments: History, Processes, and Recent Proposals -- Click to view this document
- Recess Appointments Made by President Barack Obama -- Click to view this document
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- Offender Reentry: Correctional Statistics, Reintegration into the Community, and Recidivism -- Click to view this document
- Coast Guard Polar Icebreaker Modernization: Background and Issues for Congress -- Click to view this document
- Franking Privilege: An Analysis of Member Mass Mailings in the House, 1997-2012 -- Click to view this document
- Iraq: Politics, Governance, and Human Rights -- Click to view this document
- Moldova: Background and U.S. Policy -- Click to view this document
- The Third Track: The Military Instrument and U.S. Policy Towards Iran -- Click to view this document
- THE IRANIAN GOVERNMENT’S AMBITIONS REPRESENTED IN THEIR NUCLEAR WEAPONS PROGRAM AND ITS IMPACT ON SECURITY IN THE ARAB GULF REGION -- Click to view this document
- State –To– State Relationship Trends: North Korea Shares with China, Japan, Russia and South Korea -- Click to view this document
- NATO’s Deterrence and Defense Posture: After the Chicago Summit -- Click to view this document
- Getting Serious About Games: Using Video Games– Based Learning to Enhance Nuclear Terrorism Prepare -- Click to view this document
- Extending the Endurance of Small Unmanned Aerial Vehicles Using Advanced Flexible Solar Cells -- Click to view this document
- China's Foreign Policy Toward North Korea: The Nuclear Issue -- Click to view this document
- Biological Weapons: Still a Relevant Threat -- Click to view this document
- Assessing the Net Effects of Sanctions on the Proliferation on Weapons of Mass Destruction -- Click to view this document
- An Examination of the Roles of Medical Units in Support of Chemical, Biological, Radiological, or Nuclear Event (CBRN) Under Joint Task Force -- Click to view this document
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The Strategic Petroleum Reserve: Authorization, Operation, and Drawdown Policy
Congress authorized the Strategic Petroleum Reserve (SPR) in the Energy Policy and Conservation Act (EPCA) of 1975 to help prevent a repetition of the economic disruption caused by the 1973-1974 Arab oil embargo. EPCA specifically authorizes the President to draw down the SPR upon a finding that there is a "severe energy supply interruption." The meaning of a "severe energy supply interruption" has been controversial. The authors of EPCA intended the SPR only to ameliorate discernible physical shortages of crude oil. Historically, increasing crude oil prices typically signal market concerns for supply availability. However, Congress deliberately kept price trigger considerations out of the President's SPR drawdown authority because of the question about what price level should trigger a drawdown, and the concern that a price threshold could influence market behavior and industry inventory practices. As a member of the International Energy Agency─a coalition of 28 countries─the United States agrees to support energy supply security through energy policy cooperation, commit to maintaining emergency reserves equal to 90 days of net petroleum oil imports, develop programs for demand restraint in the event of emergencies, and participate in allocation of oil deliveries among the signatory nations to balance a shortage.
This package includes following files:
| # | File Name | Document Date | Order ID: | Number of Pages | Price | |
|---|---|---|---|---|---|---|
| 1 |
R42460.pdf
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Jun 18, 2012 | R42460 | 19 | $29.95 | Add to Cart |
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