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Netherlands' legislation on oil security
Introduction The Netherlands utilises a multi-layered legislative approach to oil supply emergencies. While the 2012 Law on Stockpiling Petroleum Products (LSPP) provides the primary legislative framework, further details are spelled out by the 1979 Law on the Implementation of the International Energy Programme (LIEP), the 1939 Distribution Law (DL), the 1990 Regulation on Traffic Rules and Transport (RTRT) and by the 1950 Law on Economic Offences (LEO). Relevant domestic legislation Related domestic legislation Relevant European Union legislation Other related links Circumstances triggering operation of the emergency response system Article 2(1) LIEP allows for the Dutch emergency response system…
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Energy Policies of IEA Countries: Netherlands 2004
Energy Policy Review Energy Policies of IEA Countries: Netherlands 2004 The International Energy Agency's comprehensive review of the Netherland's energy policies and programmes for 2004. It finds that the Netherlands is to be commended for the pragmatism and innovativeness of its energy policy. It has provided the country with secure energy supply and economic benefits arising from competition but with due regard paid to environmental issues. The major challenges are the reorganisation of the gas market structure and curbing the growth of energy demand in the transport sector.
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Oil Market Report - October 2024
…bbl. Oil security in focus Benchmark oil prices bounced sharply higher in early October, as potential oil supply risks once again took centre stage. Escalating tensions between Israel and Iran are fuelling fears of a broader Middle East conflict and disruptions to Iranian exports. Nevertheless, the resolution of a political dispute in Libya that briefly cut its oil exports in half, relatively modest production losses due to major hurricanes sweeping the US Gulf Coast and weak end-user demand have helped to steady markets. At the time of writing, Brent crude oil futures were trading at around $78/bbl, up…
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Energy Policies of IEA Countries: United States 2002
… It finds that US energy policy has an influence on energy policy throughout the world. The 2001 National Energy Policy is an important development. The US is taking unilateral action as an alternative to the Kyoto Protocol. This report urges consideration of legislation on carbon dioxide and adoption of policies allowing international trading in emissions. Strengthening fuel economy standards is an encouraging approach to energy use in transport. Different standards for cars and light trucks should be addressed as a priority. Policies to promote new sources of energy supply should be balanced by continuing effort to enhance efficient use of…
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Oil Market Report - March 2017
…implied refined product stock drawdowns supporting higher throughput. Highlights Having expanded by 1.6 mb/d in 2016, global oil product demand growth is expected to ease back to 1.4 mb/d in 2017. Early indicators of 1Q17 demand support this, with slowdowns seen in January in Japan, Germany, Korea and India.Global oil supplies rose 260 kb/d in February as OPEC and non-OPEC producers pumped more. At 96.52 mb/d, world oil production stood 170 kb/d below a year ago. OPEC posted a year-on-year decline for the second month running. In 2017 non-OPEC output is set to rise…
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Oil Market Report - May 2017
…refinery closures in the Middle East, underperformance in Latin America and flat growth in India are not offset by growth in China and Russia. Highlights Weakness in a number of previously solid countries - India, US, Germany and Turkey - curtailed the 1H17 global demand growth estimate by 115 kb/d. Global demand growth is, however, still forecast at 1.3 mb/d in 2017, with demand at 97.9 mb/d.Global oil supply fell by 140 kb/d in April as non-OPEC, and especially Canada, pumped less. At 96.17 mb/d, output stood 90 kb/d below a year ago, even as non-OPEC returned…
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Energy Policies of IEA Countries: Netherlands 2000
…for the long term. But efficient markets are also important to the Dutch. In the electricity and gas industries, full retail competition is to be introduced on an accelerated schedule in 2004. Since competition was introduced into the power market in 1998, the necessary institutions and secondary legislation have been put in place, making the market highly competitive. Three out of the four large generators in the country have been sold to foreign utility investors. There is room for improvement in the rules for the allocation of interconnector capacity, to be found in co-operation with the Netherlands’ European neighbours.
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United States' legislation on oil security
…the US Congress amended EPCA in 2000 to establish a separate Northeast Home Heating Oil Reserve (NEHHOR), in an effort to ensure the uninterrupted supply of home heating oil to several US States (Maine, New Hampshire, Vermont, Massachusetts, Connecticut, Rhode Island, New York, Pennsylvania, and New Jersey) in the country’s Northeast (EPCA section 181).Federal and State government activities and responses to all hazards impacting the energy sector are largely consistent with the National Response Framework (NRF), which is prepared by the US Department of Homeland Security (DHS) and serves as a guide for how the United States responds…
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Energy Policies of IEA Countries: United States 2007
…The United States is the largest economy and energy user in the world. Significant developments have taken place in its energy policy since the last IEA review in 2002. Most important is the Energy Policy Act 2005 – a comprehensive energy legislation which has set new directions, including opening the way for a nuclear renaissance. Two closely connected challenges shape all debates on the nation’s energy policy path: how to increase security by reducing the dependence on imported supplies; and how to address growing emissions of greenhouse gases. The United States national strategy is to find solutions largely through technology…
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Oil Market Report - May 2023
…oil demand is forecast to rise by 2.2 mb/d year-on-year in 2023 to an average 102 mb/d, 200 kb/d above last month’s Report. China’s demand recovery continues to surpass expectations, with the country setting an all-time record in March at 16 mb/d. While the OECD is set to return to growth in 2Q23, its average 2023 increase of 350 kb/d pales in comparison with 1.9 mb/d in non-OECD gains.Significant outages in Iraq, Nigeria and Brazil were only partly offset by increases elsewhere, with global oil…
