Oil Refinery Capacity: Hearing Pursuant to S. Res. 45 ... |
Other editions - View all
Common terms and phrases
additional areas ATKINS average barrels billion Calculations 1975 capital Chairman Coal and Nuclear Committee Company Ohio consumption Corporation costs crude oil distillate domestic refining capacity domestic supply economic Electric Utility ENERGY BALANCE Energy Demand energy supplies environmental facilities factors federal feedstocks fuel oil future Gas Imports gasoline Geothermal growth Hydroelectric incentives increase industry Initial Appraisal Interior investment liquids locations low-sulfur Marathon Oil Company ment MMB/D naphtha National Petroleum Council natural gas needed offshore oil and gas Oil Company Oil Imports Required oil shale oil supply operations percent petrochemical petroleum products pipeline plants policies potential product imports projected quota rate of return refined products refinery construction residual fuel oil sector Senator sources sulfur Syncrude Syngas synthetic synthetic fuels tar sands Task Group tax burden tion total energy Total U.S. U.S. Energy U.S. Energy Outlook United uranium Vice President
Popular passages
Page 156 - ... domestic production needed for projected national defense requirements, the capacity of domestic industries to meet such requirements, existing and anticipated availabilities of the human resources, products, raw materials, and other supplies and services essential to the national defense, the requirements of growth of such industries and such supplies and services including the investment, exploration and development necessary to assure such growth, and the importation of goods in terms of their...
Page 156 - President shall further recognize the close relation of the economic welfare of the Nation to our national security; and shall take into consideration the impact of foreign competition on the economic welfare of individual domestic industries...
Page 236 - Estimated Additional Resources - refers to uranium surmised to occur in unexplored extensions of known deposits or in undiscovered deposits in known uranium districts, and which is expected to be discoverable and economically exploitable in the given price range.
Page 315 - ... limitations: the capability of downstream facilities to absorb the output of crude oil processing facilities of a given refinery (no reduction is made when a planned distribution of intermediate streams through...
Page 215 - ... and the high case would increase them by about 2.5 MMB/D. Figure 4 compares Cases II and III in combination with the three demand cases for the period 1970-1985. Both illustrations depict the expected growing role of imports in supplying US energy requirements. Increased Use of Electrical Energy All of the energy balances previously discussed used the Energy Demand Task Group's projection of total electric utility primary energy demand. In all balances, energy imports were required, but in some...
Page 271 - ... an immediate government program to provide the necessary aqueduct systems in the western United States and timely resolution of disputes over water rights or water allocations. CONTINUE TAX INCENTIVES Fiscal policies should be designed to encourage the finding and development of all energy supplies. Recent developments have had a contrary effect. For example, the 1969 Tax Reform Act alone placed an additional tax burden on the domestic petroleum industry of some $500 million per annum.
Page 206 - I assumes oil and gas drilling increases at a rate of 5.5 percent per year, and a high projection of oil and gas discovered per foot drilled. The nuclear power projections are based on the assumption that all new base-load generating plants ordered between now and 1985 will be nuclear. Production of coal for domestic consumption is increased at a rate of 5 percent per year. Synthetic fuels are developed and produced at the maximum rate physically possible without any restrictions due to environmental...
Page 197 - constant" and "current" dollars, see Glossary. domestic oil and gas met 64 percent of total energy requirements in 1970. • Coal and nuclear fuels could provide about 30 percent of US energy requirements in 1985 in the four supply cases investigated, up from 20 percent in 1970. If a greater proportion of the Nation's energy needs could be met by electricity rather than by direct use of primary fuels, the combined potential supply of coal and nuclear fuels would be sufficient to meet up to 45 percent...
Page 296 - ... also a long semi-cylinder, now usually of fire clay or silica, for the manufacture of coal gas. royalty bidding — competitive bidding for leases in which the lease is offered to the company offering to pay the landowner the largest share of the proceeds of production, free of expenses of production. secondary recovery — oil and gas obtained by the augmentation of reservoir energy; often by the injection of air, gas or water into a production formation. separative work — a measure of the...
Page 404 - Sponsored by Potential Gas Agency, Mineral Resources Institute, Colorado School of Mines Foundation, Inc., Golden, Colo., October 1971. 13. Hendricks, TA, "Resources of Oil, Gas, and Natural-Gas Liquids in the United States and the World,