It takes the average reader and 11 minutes to read Strategic Petroleum Reserve: Improving the Cost-Effectiveness of Filling the Reserve by Frank Rusco
Assuming a reading speed of 250 words per minute. Learn more
The Strategic Petroleum Reserve (SPR) helps protect the U.S. economy from oil supply disruptions and currently holds 700 million barrels of crude oil. The Energy Policy Act directed the DoE to increase the SPR storage capacity from 727 million barrels to 1 million barrels. Since 1999, oil for the SPR has been obtained through the royalty-in-kind program, whereby the gov¿t. receives oil instead of cash for payment of royalties on leases of fed. property. The Minerals Mgmt. Service collects the royalty oil and transfers it to DoE, which then trades it for oil for the SPR. This testimony focuses on: (1) factors for DoE to consider when filling the SPR; and (2) the cost-effectiveness of using oil received through the royalty-in-kind program to fill the SPR.
Strategic Petroleum Reserve: Improving the Cost-Effectiveness of Filling the Reserve by Frank Rusco is 11 pages long, and a total of 2,761 words.
This makes it 4% the length of the average book. It also has 3% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 15 minutes to read Strategic Petroleum Reserve: Improving the Cost-Effectiveness of Filling the Reserve aloud.
Strategic Petroleum Reserve: Improving the Cost-Effectiveness of Filling the Reserve is suitable for students ages 6 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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