Changes in the Arctic: Background and Issues for Congress

Changes in the Arctic: Background and Issues for Congress

Date: October 8, 2010
Creator: O'Rourke, Ronald
Description: The diminishment of Arctic sea ice has led to increased human activities in the Arctic, and has heightened concerns about the region's future. Issues such as Arctic sovereignty claims; commercial shipping through the Arctic; Arctic oil, gas, and mineral exploration; endangered Arctic species; and increased military operations in the Arctic could cause the region in coming years to become an arena of international cooperation, competition, or conflict. This report provides an overview of Arctic-related issues for Congress, and refers readers to more in-depth CRS reports on specific Arctic-related issues.
Contributing Partner: UNT Libraries Government Documents Department
U.S. Trade Deficit and the Impact of Changing Oil Prices

U.S. Trade Deficit and the Impact of Changing Oil Prices

Date: November 22, 2013
Creator: Jackson, James K.
Description: This report provides an estimate of the initial impact of the changing oil prices on the nation's merchandise trade balance.
Contributing Partner: UNT Libraries Government Documents Department
The Strategic Petroleum Reserve: Authorization, Operation, and Drawdown Policy

The Strategic Petroleum Reserve: Authorization, Operation, and Drawdown Policy

Date: April 25, 2012
Creator: Andrews, Anthony & Pirog, Robert
Description: This report looks at the history, purpose, and current status of the Strategic Petroleum Reserve.
Contributing Partner: UNT Libraries Government Documents Department
The Strategic Petroleum Reserve: Authorization, Operation, and Drawdown Policy

The Strategic Petroleum Reserve: Authorization, Operation, and Drawdown Policy

Date: June 18, 2012
Creator: Andrews, Anthony & Pirog, Robert
Description: This report looks at the history, purpose, and current status of the Strategic Petroleum Reserve.
Contributing Partner: UNT Libraries Government Documents Department
Changes in the Arctic: Background and Issues for Congress

Changes in the Arctic: Background and Issues for Congress

Date: October 15, 2010
Creator: O'Rourke, Ronald
Description: The diminishment of Arctic sea ice has led to increased human activities in the Arctic, and has heightened concerns about the region's future. Issues such as Arctic sovereignty claims; commercial shipping through the Arctic; Arctic oil, gas, and mineral exploration; endangered Arctic species; and increased military operations in the Arctic could cause the region in coming years to become an arena of international cooperation, competition, or conflict. This report provides an overview of Arctic-related issues for Congress, and refers readers to more in-depth CRS reports on specific Arctic-related issues.
Contributing Partner: UNT Libraries Government Documents Department
The U.S. Trade Deficit, the Dollar, and the Price of Oil

The U.S. Trade Deficit, the Dollar, and the Price of Oil

Date: March 2, 2011
Creator: Jackson, James K.
Description: This report analyzes the relationship between the dollar and the price of oil and how the two might interact. This report provides an assessment of the impact a range of prices of imported oil could have on the U.S. trade deficit.
Contributing Partner: UNT Libraries Government Documents Department
The Strategic Petroleum Reserve and Refined Product Reserves: Authorization and Drawdown Policy

The Strategic Petroleum Reserve and Refined Product Reserves: Authorization and Drawdown Policy

Date: March 11, 2011
Creator: Andrews, Anthony & Pirog, Robert
Description: This report discusses the Strategic Petroleum Reserve (SPR) in the Energy Policy and Consevation Act, which was authorized to help prevent a repetition of the economic dislocation caused by the 1973-1974 Arab oil embargo. The Government Accountability Office recently observed that the proportion of crude oil grades in the SPR has been growing less compatible with the heavier grades of crude oil that U.S. refineries have been upgrading to handle. This finding has raised questions about the SPR's effectiveness during a long-term oil disruption involving heavy oil.
Contributing Partner: UNT Libraries Government Documents Department
U.S. Trade Deficit and the Impact of Changing Oil Prices

U.S. Trade Deficit and the Impact of Changing Oil Prices

Date: September 14, 2010
Creator: Jackson, James K.
Description: This report provides an estimate of the initial impact of the changing oil prices on the nation's merchandise trade deficit.
Contributing Partner: UNT Libraries Government Documents Department
Changes in the Arctic: Background and Issues for Congress

Changes in the Arctic: Background and Issues for Congress

Date: February 7, 2012
Creator: O'Rourke, Ronald
Description: This report gives an overview of the situation in the Arctic region. The diminishment of Arctic sea ice has led to increased human activities in the Arctic, and has heightened interest in, and concerns about, the region's future. The United States, by virtue of Alaska, is an Arctic country and has substantial interests in the region. The Arctic has increasingly become a subject of discussion among political leaders of the nations in the region. In varying degrees, the Arctic coastal states have indicated a willingness to establish and maintain a military presence in the high north. U.S. military forces, particularly the Navy and Coast Guard, have begun to pay more attention to the region.
Contributing Partner: UNT Libraries Government Documents Department
Financial Performance of the Major Oil Companies, 2007-2011

Financial Performance of the Major Oil Companies, 2007-2011

Date: February 17, 2012
Creator: Pirog, Robert
Description: Periods of rising oil prices can result in reduced economic growth, rising prices, and reduced disposable incomes for consumers, as well as a deteriorating trade balance. For the oil industry, periods of high oil prices generally imply increasing cash flows and higher profits. Although the U.S. oil industry is composed of many firms, to many the face of the oil industry is represented by the five major firms operating extensively in the U.S. market. These firms are ExxonMobil, Chevron, BP plc, Royal Dutch Shell plc, and ConocoPhillips. During the period 2007 to 2011, the five major companies' upstream activities of exploration and production contributed more to the total profitability of the firms than the downstream activities of refining and marketing.
Contributing Partner: UNT Libraries Government Documents Department
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