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Energy Security: Issues Related to Potential Reductions in Venezuelan Oil Production
GAO-06-668: Published: Jun 27, 2006. Publicly Released: Jun 27, 2006.
Venezuela is the world's eighth-largest oil exporter and among the top 10 countries in total proven oil reserves. Venezuela also supplies about 11 percent of current U.S. imports of crude oil and petroleum products and wholly owns five refineries in the U.S. Consequently, Venezuela is a key player in the future energy security of the United States and the world. The current global oil market is ti...
Year 2000 Computing Crisis: Readiness of the Oil and Gas Industries
AIMD-99-162: Published: May 19, 1999. Publicly Released: May 19, 1999.
Pursuant to a congressional request, GAO identified the oil and gas power industries' vulnerability to year 2000 problems and the reported status of their year 2000 readiness.GAO noted that: (1) all phases of operations in the oil and gas industries--from production to distribution--use computer systems and equipment that are subject to year 2000 failures; (2) while the domestic oil and gas indust...