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Petroleum Refining: Economic Performance and Challenges for the Future
This report discusses the petroleum refining industry and its relation to the economy. Along with volatile changes in crude oil prices, the industry has faced evolving health, safety, and environmental requirements which have changed and multiplied product specifications and required capital investment in refineries. This report also seeks to describe the recent performance of the refining industry, to evaluate the structural changes that are occurring in the industry, and to analyze the nature and effects of the challenges confronting the industry.
Energy Efficiency and Renewable Energy Legislation in the 110th Congress
This report summarizes action on more than 360 energy efficiency and renewable energy bills introduced during the 110th Congress.1 These bills cover a wide range of policy and issue areas that include appropriations, authorizations, budget, research and development (R&D), grants, loans, financing, regulation (including a renewable fuel standard), tax incentives, goals, plans, impacts, and the environment/climate change.2 Most of these bills have focused on grants and tax incentives. The bills also cover a range of sectors and topics that include buildings, defense, education, federal lands and energy management, farms, American Indians, and international activities. Thus far, the sector of international activities has generated the greatest number of bills. For each bill listed in this report, a brief description and a summary of action are given, including references to committee hearings and reports.
Regulation of Energy Derivatives
This report analyzes the development of energy derivatives regulation and proposed legislation.
Energy Tax Policy: History and Current Issues
This report discusses the history, current posture, and outlook for the federal energy tax policy. It also discusses current energy tax proposals and major energy tax provisions enacted in the 109th Congress.
Central Asia: Regional Developments and Implications for U.S. Interests
this report mainly focuses on Regional Developments and Implications for U.S. Interests in Central Asia.
Energy Efficiency and Renewable Energy Legislation in the 110th Congress
This report reviews the status of energy efficiency and renewable energy legislation introduced during the 110th Congress. Most action in the second session is focused on the FY2009 budget request and legislation that would extend or modify selected renewable energy and energy efficiency tax incentives.
Gasoline Prices: Causes of Increases and Congressional Response
This report discusses the causes of increases in Gasoline Prices and also includes the Congressional response.
Advanced Research Projects Agency - Energy (ARPA-E): Background, Status, and Selected Issues for Congress
This report provides an overview of Advanced Research Projects Agency - Energy (ARPA-E) design. The report discusses the legislative origins and policy debates prior to ARPA-E authorization and Bush administration response to ARPA-E authorization.
Energy Efficiency and Renewable Energy Legislation in the 110th Congress
This report reviews the status of energy efficiency and renewable energy legislation introduced during the 110th Congress. Most action in the second session is focused on the FY2009 budget request and legislation that would extend or modify selected renewable energy and energy efficiency tax incentives.
Wind Power in the United States: Technology, Economic, and Policy Issues
This report describes utility-scale wind power issues in the United States. The report is divided into the following sections: background on wind energy; wind resources and technology; industry composition and trends; wind power economics; and policy issues.
Wind Power in the United States: Technology, Economic, and Policy Issues
This report describes utility-scale wind power issues in the United States. The report is divided into the following sections: background on wind energy; wind resources and technology; industry composition and trends; wind power economics; and policy issues.
Iran's Nuclear Program: Status
This report looks at the background of Iran's nuclear policy. It covers the current status of Iran's nuclear facilities and current controversy surrounding them, as well as the effects of international sanctions on Iran, recent sabotages on the Iran Enrichment Program, an estimated timeline of Iran's nuclear weapon capabilities, and whether or not Iran even has a nuclear weapons program.
Low Income Home Energy Assistance Program (LIHEAP): Estimated Allocations
This report discusses the Low Income Home Energy Assistance Program (LIHEAP). This report contains two tables that show estimated LIHEAP allocations to the states. Table 1 shows state allocations at various levels: (1) the amount appropriated for FY2006, (2) the amount appropriated for FY2007, (3) the amount appropriated in FY2008, and (4) estimated state allocations based on the amount requested by the President for FY2009. Table 2 shows estimated state allocations at other hypothetical appropriations increments.
U.S.-Russian Civilian Nuclear Cooperation Agreement: Issues for Congress
The United States and Russia signed a civilian nuclear cooperation agreement on May 6, 2008. President Bush submitted the agreement to Congress on May 13. This report discusses key policy issues related to that agreement, including future nuclear energy cooperation with Russia, U.S.-Russian bilateral relations, nonproliferation cooperation, and Russia's policies toward Iran.
Biofuels Provisions in the 2007 Energy Bill and the 2008 Farm Bill: A Side-by-Side Comparison
The report discusses the Energy Independence and Security Act (EISA) of 2007 (EISA, P.L. 110-140), also known as the 2007 energy bill. It also describes the key elements of EISA and the 2008 Farm Bill. The report provides a table with comparison of current or prior law with biofuels provisions in EISA and the enacted Farm Bill.
Biofuels Provisions in the 2007 Energy Bill and the 2008 Farm Bill: A Side-by-Side Comparison
The report discusses the Energy Independence and Security Act (EISA) of 2007 (EISA, P.L. 110-140), also known as the 2007 energy bill. It also describes the key elements of EISA and the 2008 Farm Bill. The report provides a table with comparison of current or prior law with biofuels provisions in EISA and the enacted Farm Bill.
Gasoline Prices: Causes of Increases and Congressional Response
No Description Available.
The Enron Loophole
This report discusses the Commodity Exchange Act that exempts certain energy derivatives contracts from regulation by the Commodity Futures Trading Commission (CFTC).
The Enron Loophole
The Commodity Exchange Act exempts certain energy derivatives contracts from regulation by the Commodity Futures Trading Commission (CFTC). These exemptions are popularly known as the "Enron loophole." Soaring energy prices have raised concerns about whether the CFTC has enough information about these unregulated markets to monitor energy trading in a comprehensive manner. A number of other bills in the 110th Congress would impose new reporting or regulatory requirements on the bilateral energy swaps market, which was not addressed by the Farm Bill.
The Global Nuclear Detection Architecture: Issues for Congress
This report discusses the global nuclear detection architecture: a multi-layered system of detection technologies, programs, and guidelines designed to enhance the nation's ability to detect and prevent a radiological or nuclear attack.
Regulation of Energy Derivatives
This report analyzes the development of energy derivatives regulation.
Regulation of Energy Derivatives
This report analyzes the development of regulation for energy derivatives (financial contracts whose value is linked to changes in the price of some energy product). Regulation may be needed [1] to help prevent abusive trading and price manipulation, and [2] to help prevent the failure of a large derivatives dealer which could trigger disruptions of supplies and prices in oil and gas markets.
Speculation and Energy Prices: Legislative Responses
This report provides basic information and analysis on the issue of commodity speculation and summarizes the numerous legislative proposals for controlling excessive speculation.
Issues Affecting Tidal, Wave, and In-Stream Generation Projects
This report provides an overview of developments and considerations regarding wave, tidal, and in-stream energy generation technology. It summarizes federal involvement in the regulation of this new industry and highlights current issues in the field.
Wave, Tidal, and In-Stream Energy Projects: Which Federal Agency Has the Lead?
This report describes wave, tidal, and in-stream energy generation technologies -- also referred to as hydrokinetic or marine energy. It discusses the recent changes in law aimed to clarify the federal role in ocean wave and renewable energy.
Advanced Nuclear Power and Fuel Cycle Technologies: Outlook and Policy Options
This report starts out with an overview of nuclear technology and then discusses the Department of Energy DOE advanced nuclear programs, global nuclear energy partnership, and different industry studies.
Advanced Nuclear Power and Fuel Cycle Technologies: Outlook and Policy Options
This report starts out with an overview of nuclear technology and then discusses the Department of Energy DOE advanced nuclear programs, global nuclear energy partnership, and different industry studies.
Outer Continental Shelf: Debate Over Oil and Gas Leasing and Revenue Sharing
Oil and gas leasing in the Outer Continental Shelf (OCS) has been an important issue in the debate over energy security and domestic energy resources. The Department of the Interior (DOI) released a comprehensive inventory of OCS resources in February 2006 that estimated reserves of 8.5 billion barrels of oil and 29.3 trillion cubic feet of natural gas. Congress has imposed moratoria of the OCS since 1982 through the annual Interior appropriation bills. Proponents of the moratoria contend that offshore drilling would pose unacceptable environmental risks and threaten coastal tourism industries. This report analyzes this issue in-depth, including budgetary information and relevant legislation.
Primer on Energy Derivatives and Their Regulation
This report presents basic information about over-the-counter(OTC) markets, the instruments traded, the regulatory framework, speculation, and current legislative proposals.
Primer on Energy Derivatives and Their Regulation
Prices of oil and other energy commodities are set in futures and derivatives markets, where producers, commercial users, and financial speculators buy and sell contracts whose value is linked to the price of the underlying commodity. Trading occurs on regulated futures exchanges and in a largely unregulated over-the-counter (OTC) market; both forms of trading are global in scope. This report presents basic information about these markets, the instruments traded, the regulatory framework, speculation, and current legislative proposals.
Department of Defense Fuel Costs in Iraq
Since the invasion of Iraq in 2003, the average price of fuels purchased for military operations in Iraq has steadily increased. The disparity between the higher price of fuel supplied to the United States Central Command compared to Iraq's civilian population has been a point of contention. Several factors contribute to the disparity, including the different types of fuel used by the military compared to Iraqi civilians, the Iraqi government's price subsidies, and the level pricing that the DOD's Defense Logistics Agency charges for military customers around the world. The Iraqi government has been pressured to reduce its fuel subsidy and black market fuel prices remain higher than the official subsidized price.
Energy Tax Policy: History and Current Issues
This report discusses the history, current posture, and outlook for federal energy tax policy. It also discusses current energy tax proposals and major energy tax provisions enacted in the 109th Congress.
Intelligence Reform at the Department of Energy: Policy Issues and Organizational Alternatives
Congress in 2006 agreed to temporarily consolidate separate counterintelligence (CI) offices at the Department of Energy (DOE) and the National Security Administration (NNSA) into a single CI office under DOE control. This report analyzes both consolidations — the first authorized by Congress at Department of Energy (DOE) request; the second initiated by DOE — and examines the impact of each on the effectiveness of the Department's CI program.
Intelligence Reform at the Department of Energy: Policy Issues and Organizational Alternatives
This report analyzes the temporary consolidations of the separate counterintelligence (CI) offices at the Department of Energy (DOE) and the National Security Administration (NSA) into a single CI office under DOE control — the first authorized by Congress at Department of Energy request; the second initiated by DOE — and examines the impact of each on the effectiveness of the Department's CI program.
Biofuels Incentives: A Summary of Federal Programs
This report outlines federal programs that provide direct or indirect incentives for biofuels. For each program described, the report provides details including administering agency, authorizing statute(s), annual funding, and expiration date.
Biofuels Incentives: A Summary of Federal Programs
This report outlines federal programs that provide direct or indirect incentives for biofuels. For each program described, the report provides details including administering agency, authorizing statute(s), annual funding, and expiration date.
Extending NASA's Exemption from the Iran, North Korea, and Syria Nonproliferation Act
This report discusses NASA's exemptions from the Iran Nonproliferation Act of 2000 (INA) as it relates to the International Space Station (ISS). It provides background information on the ISS and nonproliferation as well as INA origins and relation to the ISS. It also discusses amendments to the INA, current plans for the ISS, and related issues.
U.S.-Russian Civilian Nuclear Cooperation Agreement: Issues for Congress
The United States and Russia signed a civilian nuclear cooperation agreement on May 6, 2008. President Bush submitted the agreement to Congress on May 13. This report discusses key policy issues related to that agreement, including future nuclear energy cooperation with Russia, U.S.-Russian bilateral relations, nonproliferation cooperation and Russia's policies toward Iran.
Energy Tax Policy: History and Current Issues
This report discusses the history, current posture, and outlook for federal energy tax policy. It also discusses current energy tax proposals and major energy tax provisions enacted in the 109th Congress.
Renewable Energy Policy in the 2008 Farm Bill
This report discusses the Food, Conservation, and Energy Act of 2008 (P.L. 110-246, the 2008 farm bill) which extends and expands many of the renewable energy programs originally authorized in the Farm Security and Rural Investment Act of 2002 (P.L. 107-171, 2002 farm bill).
Oil Development on Federal Lands and the Outer Continental Shelf
Over the past year, crude oil prices have nearly doubled, reaching record levels. Proposals before Congress include a number of legislative initiatives to increase domestic oil production. These proposals have fallen into two broad categories: (1) to open areas of the Outer Continental Shelf (OCS) which are currently under leasing moratoria; and (2) to encourage companies holding oil and gas leases to diligently develop leases to bring them into production. Proponents of these initiatives argue that promising areas should be open for exploration to maximize domestic oil production as quickly as possible. However, there are long lead times and often numerous considerations and constraints in getting federal oil and gas leases from the lease sale into production. Many leases never get explored before their primary lease term expires.
Energy: Selected Facts and Numbers
This report discusses the energy policy that has been a recurring issue for Congress since the first major crisis in the 1970s. The report offers a general view of energy consumption trends, Table 1 shows consumption by economic sector — residential, commercial, transportation, and industry — from 1950 to the present.
Energy: Selected Facts and Numbers
This report discusses the energy policy that has been a recurring issue for Congress since the first major crisis in the 1970s. The report offers a general view of energy consumption trends, and Table 1 shows consumption by economic sector — residential, commercial, transportation, and industry — from 1950 to the present.
Advanced Research Projects Agency - Energy (ARPA-E): Background, Status, and Selected Issues for Congress
This report provides an overview of Advanced Research Projects Agency - Energy (ARPA-E) design. The report discusses the legislative origins and policy debates prior to ARPA-E authorization and Bush administration response to ARPA-E authorization.
Nuclear Cooperation with Other Countries: A Primer
In order for the United States to engage in civilian nuclear cooperation with other states, it must conclude a framework agreement that meets specific requirements under section 123 of the Atomic Energy Act (AEA). The AEA also provides for exemptions to these requirements, export control licensing procedures, and criteria for terminating cooperation. Congressional review is required for section 123 agreements; the AEA establishes special "fast track" parliamentary procedures by which Congress may act on a proposed agreement.
U.S. Trade Deficit and the Impact of Rising Oil Prices
Petroleum prices have continued to rise sharply in 2008, at one time reaching more than $140 per barrel of crude oil. At the same time the average monthly volume of imports of energy-related petroleum products has fallen slightly. The combination of sharply rising prices and a slightly lower level of imports of energy-related petroleum products translates into an escalating cost for those imports. The prices of energy imports have been on a steady rise since summer of 2007, defying the pattern of declining energy import prices in the fall. This report provides an estimate of the initial impact of the rising oil prices on the nation's merchandise trade deficit.
Gasoline and Oil Prices
This report examines the extent of price increases in gasoline and oil, focuses on the linkage between the two, and analyzes the causes of the price increases, and the likelihood that they might be reversed through market responses, or policy measures.
Federal Pollution Control Laws: How Are They Enforced?
This report provides an overview of the statutory framework, key players, infrastructure, resources, tools, and operations associated with enforcement and compliance of the major pollution control laws and regulations administered by EPA. It also outlines the roles of federal (including regional offices) and state regulators, as well as the regulated community.
Nuclear Energy Policy
This report discusses the nuclear energy policy issues facing Congress that include the implementation of federal incentives for new commercial reactors, radioactive waste management policy, research and development priorities, power plant safety and regulation, nuclear weapons proliferation, and security against terrorist attacks.
The Manhattan Project, the Apollo Program, and Federal Energy Technology R&D Programs: A Comparative Analysis
This report compares and contrasts the goals of, and the investments in, three research and development (R&D) initiatives, which may provide useful insights for Congress as it assesses and debates the nation's energy policy.
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