TRENDS IN U.S. OIL AND TANKER SUPPLY

Provides an up to date overview of significant trends in US oil at the end of 1975 and indicates the implications of these trends for the structure of US oil trades in 1980. Special reference is made to the level and broad pattern of US oil imports and tanker demand. Pre-Crisis expectations regarding the development of US oil are outlined and contrasted to actual experience of the years 1974 and 1975. As U.S. policies are liable to be of critical importance to oil developments, the political response to the Crisis (including Project Independence, President Ford's energy programme and the Energy Policy and Conservation Act of December 1975) receives extensive coverage. Implications of present policies for US oil in 1980 are critically evaluated and again import requirements are highlighted, these requirements being placed in the context of the likely 1980 infrastructure for their reception and distribution, including pipelines and superports. After forecasting the tanker demand expected in 1980 as a result of US oil imports and coastwise movements, the study analyzes methods whereby the problems associated with limited draft tanker ports in the Eastern US may be circumvented (i.e. lightering, lightening and transhipment). Finally, present and likely future supply of US flag tankers is discussed with the focus on the implications of possible US flag preference and anti-pollution legislation.

  • Corporate Authors:

    Drewry (HP) (Shipping Consultants) Limited

    Palladium House, 1-4 Argyll Street
    London W1V 1AD,   England 
  • Publication Date: 1976-2

Media Info

  • Pagination: 75 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00130517
  • Record Type: Publication
  • Source Agency: Drewry (HP) (Shipping Consultants) Limited
  • Report/Paper Numbers: No. 40 Econ Study
  • Files: TRIS
  • Created Date: Mar 29 1976 12:00AM