International Energy Agency and Global Energy Security Matters: Hearing Before the Subcommittee on Energy, Nuclear Proliferation, and Government Processes of the Committee on Governmental Affairs, United States Senate, Ninety-seventh Congress, First Session, July 14, 1981

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الصفحة 32 - severe energy supply interruption" means a national energy supply shortage which the President determines — (A) is, or is likely to be, of significant scope and duration, and of an emergency nature; (B) may cause major adverse impact on national safety or the national economy; and (C) results, or is likely to result, from an interruption in the supply of imported petroleum products, or from sabotage or an act of God.
الصفحة 33 - ... purpose of assuring such priority, to require acceptance and performance of such contracts or orders in preference to other contracts or orders by any person he finds to be capable of their performance, and (2) to allocate materials and facilities in such manner, upon such conditions, and to such extent as he shall deem necessary or appropriate to promote the national defense.
الصفحة 29 - ... shall have an allocation obligation which requires it to supply, directly or indirectly, the. quantity of oil equal to that excess to other Participating Countries. This would not preclude any Participating Country from maintaining exports of oil to non-participating countries. 4. The term "permissible consumption...
الصفحة 29 - ... the reduction in its oil supplies which results in a reduction of its final consumption over and above that level. 2. The obligation to allocate this amount of oil is shared among the other Participating Countries on the basis of their final consumption during the base period. 3. The Participating Countries may meet their allocation obligations by any measures of their own choosing, including demand restraint measures or use of emergency reserves. ARTICLE 9 1. For purposes of satisfying allocation...
الصفحة 41 - Robert D. Hormats, Assistant Secretary of State for Economic and Business Affairs Elise du Pont, Assistant Administrator, Bureau for Private Enterprise Agency for International Development William H.
الصفحة 71 - Looking back at American policies for energy security in the 1970s, one is struck by two strong ironies. First, we talked about energy security, but some of our policies, such as domestic price controls that subsidized oil imports, actually made us more insecure.
الصفحة 70 - Carter did not exaggerate when he called the situation "a clear and present danger to our national security." Today, nearly two-fifths of the oil consumed by the free world's economy is vulnerable to terrorism, accident, warfare, and extortion. The sudden loss of Persian Gulf oil...
الصفحة 71 - States acted as though government controls at home and market forces abroad would solve its energy security problems when the opposite was closer to the truth. That view failed to recognize the realities of changing world politics.
الصفحة 36 - In time of war, or when the President shall so prescribe, the United States shall have the right of first refusal to purchase at the market price all or any portion of any mineral produced from the outer Continental Shelf.
الصفحة 4 - Mr. Chairman, members of the subcommittee, I thank you for the opportunity to appear before...

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