Dawn C. Gerber (Editor)

Series: Renewable Energy: Research, Development and Policies
BISAC: TEC031000

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”. This book provides insight on several topics such as authorization, operation, and drawdown policy of the SPR; the Northeast home heating oil reserve and the national oilheat alliance, petroleum distillate sales provisions, sale implementation plan, and distribution plans. (Imprint: Novinka )