U.S. Exports of Oil and Natural Gas: Analyses of Selected Issues


Frank G. Adams (Editor)

Series: Energy Policies, Politics and Prices
BISAC: BUS070040

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 SPR. This book also discusses and describes the status of applications to export liquefied natural gas-natural gas cooled to a liquid state for transport- and the Department of Energy’s process to review them; and the status of applications to build LNG export facilities and FERC’s process to review them.

(Imprint: Nova)

Table of Contents

Table of Contents


Chapter 1 – Changing Crude Oil Markets: Allowing Exports Could Reduce Consumer Fuel Prices, and the Size of the Strategic Reserves Should Be Reexamined (pp. 1-44)
United States Government Accountability Office

Chapter 2 – Natural Gas: Federal Approval Process for Liquefied Natural Gas Exports (pp. 45-68)
United States Government Accountability Office

Chapter 3 – U.S. Exports of Crude Oil and Natural Gas: The Case of Alaska (pp. 69-92)
Paul W. Parfomak and Ian F. Fergusson

Chapter 4 – Federal Permitting and Oversight of Export of Fossil Fuels (pp. 93-114
Adam Vann, Daniel T. Shedd and Brandon J. Murrill


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