Publication Laka-library:
Draft country report of the U.S.
| Author | NEA, IEA |
| Date | March 1989 |
| Classification | 3.01.0.00/06 (UNITED STATES - GENERAL) |
| Front |
|
From the publication:
I. INTRODUCTION 1. The United States produces and consumes more energy than all other IEA countries combined. It is the IEA's largest oil importer in volume terms, but is relatively less dependent on energy imports than most IEA countries. In 1988, oil imports accounted for about 42% of total oil consumption. 2. A comprehensive statement of the United States' energy policy was outlined in the fifth National Energy Policy Plan (NEPP-5) of 1986 and the basic energy policy goals have been reiterated in two reports in 1987 and 1988 (1) as well as in the Department of Energy's Annual Report to Congress. Broadly, the basic energy policy goals are to secure an adequate supply of energy at a reasonable cost, by reducing regulatory barriers, diversifying resources and increasing alternative energy sources. The Strategic Petroleum Reserve (SPR) is seen as an important means of countering the impact of oil supply interruptions. 3. The major review of energy policy primarily directed at energy security, which was completed in March 1987, concludes that, notwithstanding progress already made toward long-term energy security, serious implications for United States energy security are raised by the increasing dependence on imported oil. The President consequently in May 1987 transmitted to Congress his views and recommendations on the energy and national security concerns related to oil import levels. He urged Congress to adopt quickly certain Administration proposals already submitted to Congress, such as repeal of the Windfall Profit Tax, comprehensive natural gas reform, approval of the Department of Interior's five-year offshore oil and gas leasing plan, and permitting environmentally sound energy exploration and development of the Arctic National Wildlife Refuge. Additionally, he asked Congress to ensure the future viability of nuclear power through nuclear licensing reform, reauthorisation of the Price-Anderson Act, and progress in development of a nuclear waste management system. Congress has since repealed the Windfall Profit Tax and reauthorised the Price-Anderson Act. (1) U.S. Department of Energy: "Energy Security - A Report to the President of the United States", March 1987 and "United States Energy Policy 1980-1988", October 1988.
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