The Availability and Price of Petroleum and Petroleum Products Produced in Countries Other Than Iran

June 26, 2012

This is the third in a series of reports prepared in fulfillment of Section 1245(d)(4)(A) of the National Defense Authorization Act (NDAA) for Fiscal Year 2012, which requires the U.S. Energy Information Administration (EIA) to “submit to Congress a report on the availability and price of petroleum and petroleum products produced in countries other than Iran in the 60-day period preceding the submission of the report.” EIA consulted with the Department of Treasury, the Department of State, and the intelligence community in the process of developing this report. The statutory language in the NDAA clearly envisions a report that is primarily, if not exclusively, historical in nature.