Congressional Research Service Reports - Browse

ABOUT BROWSE FEED

World Oil Demand and its Effect on Oil Prices

Description: Demand patterns for world oil and oil products show significant diversity by country, region, and product groupings. As a result of this diversity it is not possible to attach blame for the current level of price to any one nation, region, or product segment. The view that the oil market is international in scope and tightly interrelated is enhanced by the demand data. As a result of the integrated nature of the world oil market it is unlikely that any one nation acting on its own can implement policies that isolate its market from broader price behavior. As new major oil importers, notably China, and potentially India, expand their demand, the oil market likely will have to expand production capacity. This promises to increase the world’s dependence on the Persian Gulf members of the Organization of Petroleum Exporting Countries, especially Saudi Arabia, and maintain upward pressure on price.
Date: June 9, 2005
Creator: Pirog, Robert L
Item Type: Report
Partner: UNT Libraries Government Documents Department

World Oil Demand and the Effect on Oil Prices

Description: Demand patterns for world oil and oil products show significant diversity by country, region, and product groupings. As a result of this diversity it is not possible to attach blame for the current level of price to any one nation, region, or product segment. The view that the oil market is international in scope and tightly interrelated is enhanced by the demand data. As a result of the integrated nature of the world oil market it is unlikely that any one nation acting on its own can implement policies that isolate its market from broader price behavior. As new major oil importers, notably China, and potentially India, expand their demand, the oil market likely will have to expand production capacity. This promises to increase the world’s dependence on the Persian Gulf members of the Organization of Petroleum Exporting Countries, especially Saudi Arabia, and maintain upward pressure on price.
Date: August 18, 2004
Creator: Pirog, Robert L
Item Type: Report
Partner: UNT Libraries Government Documents Department

Saudi Arabia: Current Issues and U.S. Relations

Description: The United States and Saudi Arabia have long-standing economic and defense ties, and the U.S. has a strong security commitment to Saudi Arabia. Saudi Arabia was a key member of the allied coalition that expelled Iraqi forces from Kuwait in 1991. Bombing attacks against several U.S. and foreign-operated installations in Saudi Arabia have raised some concerns about security of U.S. citizens and what appears to be growing anti-Americanism in some segments of the Saudi population. Other principal issues of bilateral interest include security in the post-war Gulf region, the Saudi position on the Arab-Israeli conflict, arms transfers to Saudi Arabia, Saudi external aid programs, bilateral trade relationships and oil production, and Saudi policies on human rights and democracy.
Date: July 11, 2006
Creator: Prados, Alfred B. & Blanchard, Christopher M.
Item Type: Report
Partner: UNT Libraries Government Documents Department

Saudi Arabia: Current Issues and U.S. Relations

Description: The United States and Saudi Arabia have long-standing economic and defense ties, and the U.S. has a strong security commitment to Saudi Arabia. Saudi Arabia was a key member of the allied coalition that expelled Iraqi forces from Kuwait in 1991. Bombing attacks against several U.S. and foreign-operated installations in Saudi Arabia have raised some concerns about security of U.S. citizens and what appears to be growing anti-Americanism in some segments of the Saudi population. Other principal issues of bilateral interest include security in the post-war Gulf region, the Saudi position on the Arab-Israeli conflict, arms transfers to Saudi Arabia, Saudi external aid programs, bilateral trade relationships and oil production, and Saudi policies on human rights and democracy.
Date: August 2, 2006
Creator: Prados, Alfred B. & Blanchard, Christopher M.
Item Type: Report
Partner: UNT Libraries Government Documents Department