U.S. Crude Oil Export Policy: Background and Considerations
ISBN-13:
9781500524159
ISBN-10:
1500524158
Author:
Phillip Brown, Congressional Research Service, Robert Pirog
Publication date:
2014
Publisher:
CreateSpace Independent Publishing Platform
Format:
Paperback
38 pages
FREE US shipping
Book details
ISBN-13:
9781500524159
ISBN-10:
1500524158
Author:
Phillip Brown, Congressional Research Service, Robert Pirog
Publication date:
2014
Publisher:
CreateSpace Independent Publishing Platform
Format:
Paperback
38 pages
Summary
U.S. Crude Oil Export Policy: Background and Considerations (ISBN-13: 9781500524159 and ISBN-10: 1500524158), written by authors
Phillip Brown, Congressional Research Service, Robert Pirog, was published by CreateSpace Independent Publishing Platform in 2014.
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Description
During an era of oil price controls and following the 1973 Organization of Arab Petroleum Exporting Countries oil embargo, Congress passed the Energy Policy and Conservation Act of 1975 (EPCA), which directs the President “to promulgate a rule prohibiting the export of crude oil” produced in the United States. Crude oil export restrictions are codified in the Export Administration Regulations administered by the Bureau of Industry and Security (BIS)—a Commerce Department agency. The President has some powers to allow certain crude oil exports if an exemption is determined to be in the national interest.
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