The Resource Energy markets : refinery outages can impact petroleum product prices, but no federal requirements to report outages exist : report to congressional requesters, (electronic resource)

Energy markets : refinery outages can impact petroleum product prices, but no federal requirements to report outages exist : report to congressional requesters, (electronic resource)

Label
Energy markets : refinery outages can impact petroleum product prices, but no federal requirements to report outages exist : report to congressional requesters
Title
Energy markets
Title remainder
refinery outages can impact petroleum product prices, but no federal requirements to report outages exist : report to congressional requesters
Title variation
Refinery outages can impact petroleum product prices, but no federal requirements to report outages exist
Creator
Contributor
Subject
Language
eng
Summary
In recent years, global demand for petroleum products such as gasoline and diesel fuel has grown more quickly than the capacity to produce them, creating a tight market. U.S. refiners have been running near capacity, particularly during peak summer demand. In such conditions, unexpected refinery outages can result in price increases that adversely affect consumers. GAO was asked to evaluate (1) the trends in U.S. refinery outages over the last 5 years, in terms of reduced production capacity, frequency, and geographic location, and (2) the federal requirements for reporting outages at U.S. refineries. To evaluate these objectives, GAO obtained and analyzed Energy Information Administration (EIA) and commercial data, and obtained and analyzed federal legislation and policies, and interviewed federal agency, academic, and industry trade group officials. GAO is recommending that the Secretary of Energy direct the Administrator of EIA to (1) reevaluate its monthly refinery production survey and other data to determine whether those data allow EIA to adequately conduct future analyses of outage effects on petroleum product prices, and (2) report to the Congress on the costs and benefits of collecting any additional data on newer fuels. EIA officials provided verbal comments suggesting GAO distinguish between the types of outages and data collected, among other things, which we addressed as appropriate
Cataloging source
ESR
Government publication
federal national government publication
Illustrations
  • illustrations
  • maps
Index
no index present
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://bibfra.me/vocab/lite/organizationName
United States
http://library.link/vocab/relatedWorkOrContributorName
Rusco, F. W.
http://library.link/vocab/subjectName
  • United States
  • Energy industries
  • Power resources
  • Petroleum refineries
Label
Energy markets : refinery outages can impact petroleum product prices, but no federal requirements to report outages exist : report to congressional requesters, (electronic resource)
Link
http://purl.access.gpo.gov/GPO/LPS112569
Instantiates
Publication
Note
  • Title from PDF title screen (viewed Feb. 26, 2009)
  • "GAO contact, Frank Rusco" -- P. 30
  • "October 2008."
  • "GAO-09-87."
Bibliography note
Includes bibliographical references
Color
mixed
Control code
17609311
Dimensions
unknown
Extent
ii, 30 p.
Form of item
electronic
Other physical details
digital, PDF file.
Specific material designation
remote
System details
  • System requirements: Adobe Acrobat Reader
  • Mode of access: Internet from GAO website. Address as of 2/26/2009: http://www.gao.gov/new.items/d0987.pdf ; current access available via PURL
Label
Energy markets : refinery outages can impact petroleum product prices, but no federal requirements to report outages exist : report to congressional requesters, (electronic resource)
Link
http://purl.access.gpo.gov/GPO/LPS112569
Publication
Note
  • Title from PDF title screen (viewed Feb. 26, 2009)
  • "GAO contact, Frank Rusco" -- P. 30
  • "October 2008."
  • "GAO-09-87."
Bibliography note
Includes bibliographical references
Color
mixed
Control code
17609311
Dimensions
unknown
Extent
ii, 30 p.
Form of item
electronic
Other physical details
digital, PDF file.
Specific material designation
remote
System details
  • System requirements: Adobe Acrobat Reader
  • Mode of access: Internet from GAO website. Address as of 2/26/2009: http://www.gao.gov/new.items/d0987.pdf ; current access available via PURL

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