scholarly journals Analysis of crude oil vapor pressures at the U.S. Strategic Petroleum Reserve.

2005 ◽  
Author(s):  
David Keith Rudeen ◽  
David L. Lord
Keyword(s):  
Crude Oil ◽  
Vapor Pressures ◽  
Strategic Petroleum Reserve ◽  
The U.S

CLEANUP OF A 32,000-BARREL CRUDE OIL SPILL AT THE WEST HACKBERRY DOME STORAGE SITE IN LOUISIANA1

1979 ◽  
Vol 1979 (1) ◽  
pp. 437-440
Author(s):  
Jack E. Wilson ◽  
Jack Gallagher
Keyword(s):  
Crude Oil ◽  
Oil Spill ◽  
Bright Spot ◽  
Storage Site ◽  
The West ◽  
Strategic Petroleum Reserve ◽  
Lake History ◽  
Oil Spill Cleanup ◽  
The U.S ◽  
Crude Oil Spill

ABSTRACT At 4:00 p.m. on September 21, 1978, a fire and major oil spill occurred at the U.S. Strategic Petroleum Reserve in West Hackberry, Louisiana. Five days later, the fire was extinguished and within another two days, more than 30,000 barrels of oil had been recovered from the adjoining lake. History will record the event as a serious accident that resulted in one death and an injury, but a closer look will reveal one bright spot—an effective oil spill cleanup operation.

Contango in Cushing? - Evidence on Financial-Physical Interactions in the U.S. Crude Oil Market

2012 ◽  
Author(s):  
Louis H. Ederington ◽  
Chitru S. Fernando ◽  
Kateryna V. Holland ◽  
Thomas K. Lee
Keyword(s):  
Crude Oil ◽  
Oil Market ◽  
Physical Interactions ◽  
The U.S

scholarly journals “Shale Revolution” in the United States as the Main Driver of the World Oil Market Transformation

2019 ◽  
Vol 12 (6) ◽  
pp. 71-93
Author(s):  
S. A. Zolina ◽  
I. A. Kopytin ◽  
O. B. Reznikova
Keyword(s):  
United States ◽  
Crude Oil ◽  
Oil Production ◽  
The United States ◽  
Oil Price ◽  
Oil Market ◽  
Oil Exports ◽  
The World ◽  
Oil Sector ◽  
The U.S

In 2018 the United States surpassed Saudi Arabia and Russia to become the largest world oil producer. The article focuses on the mechanisms through which the American shale revolution increasingly impacts functioning of the world oil market. The authors show that this impact is translated to the world oil market mainly through the trade and price channels. Lifting the ban on crude oil exports in December 2015 allowed the United States to increase rapidly supply of crude oil to the world oil market, the country’s share in the world crude oil exports reached 4,4% in 2018 and continues to rise. The U.S. share in the world petroleum products exports, on which the American oil sector places the main stake, reached 18%. In parallel with increasing oil production the U.S. considerably shrank crude oil import that forced many oil exporters to reorient to other markets. Due to high elasticity of tight oil production to the oil price increases oil from the U.S. has started to constrain the world oil price from above. According to the majority of authoritative forecasts, oil production in the U.S. will continue to increase at least until 2025. Since 2017 the tendency to the increasing expansion of supermajors into American unconventional oil sector has become noticeable, what will contribute to further strengthening of the U.S. position in the world oil market and accelerate its restructuring.  

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