Instructions for Form EIA-856 Monthly Foreign Crude Oil Acquisition Report

Form EIA-856 Monthly Foreign Crude Oil Acquisition Report

This document contains official instructions for Form EIA-856 , Monthly Foreign Crude Oil Acquisition Report - a form released and collected by the U.S. Energy Information Administration. An up-to-date fillable Form EIA-856 is available for download through this link.

FAQ

Q: What is Form EIA-856?
A: Form EIA-856 is a reporting form used to collect data on monthly foreign crude oil acquisitions by U.S. refiners.

Q: Who is required to file Form EIA-856?
A: U.S. refiners are required to file Form EIA-856.

Q: What data is collected on Form EIA-856?
A: Form EIA-856 collects data on monthly foreign crude oil acquisitions, including volumes, values, countries of origin, and other information.

Q: How often is Form EIA-856 filed?
A: Form EIA-856 is filed on a monthly basis.

Q: Are there any reporting exemptions or extensions for Form EIA-856?
A: Yes, certain refiners may be eligible for reporting exemptions or extensions. Please refer to the instructions for Form EIA-856 for more information.

Q: What is the purpose of collecting data on foreign crude oil acquisitions?
A: Collecting data on foreign crude oil acquisitions helps monitor U.S. energy security and provides valuable information for analyzing trends in the global oil market.

Q: Are there any penalties for non-compliance with Form EIA-856 reporting requirements?
A: Yes, failure to comply with Form EIA-856 reporting requirements may result in penalties, as specified by the U.S. Energy Policy and Conservation Act.