Fossil Energy (21 - 30 of 120 items)
Naval Petroleum Reserve: Limited Opportunities Exist to Increase Revenues From Oil Sales in California
RCED-94-126: Published: May 24, 1994. Publicly Released: May 25, 1994.
Pursuant to a congressional request, GAO provided information on Naval Petroleum Reserve (NPR) oil sales, focusing on whether: (1) NPR oil sales to Gulf Coast and mid-continent refiners would increase government revenues and result in higher prices for the remaining NPR oil in California; (2) there are barriers that impede the shipment of NPR oil to refiners; (3) the Department of Energy (DOE) can...
International Energy Agency: Response to the Oil Supply Disruption Caused by the Persian Gulf Crisis
NSIAD-92-93: Published: Jan 21, 1992. Publicly Released: Feb 24, 1992.
Pursuant to a congressional request, GAO reviewed the: (1) International Energy Agency's (IEA) decision to draw down emergency oil stocks in response to the oil supply disruptions that followed Iraq's invasion of Kuwait; (2) U.S. policy on restraining oil demand; (3) U.S. position on domestic sharing of oil supplies in an emergency and oil companies' views on that position; and (4) Department of E...
Meeting the Energy Challenges of the 1990s: Experts Define the Key Policy Issues
RCED-91-66: Published: Mar 1, 1991. Publicly Released: Mar 1, 1991.
GAO reported on a conference it sponsored to examine emerging energy policy issues, focusing on: (1) energy supply and demand; (2) energy and the environment; (3) management challenges at the Department of Energy (DOE); (4) the DOE nuclear weapons complex; and (5) energy research and development.GAO noted that: (1) a panel on the balancing energy supply and demand discussed securing sufficient and...
Oil Reserve: Some Concerns Remain About SPR Drawdown and Distribution
RCED-91-16: Published: Nov 28, 1990. Publicly Released: Jan 18, 1991.
Pursuant to a congressional request, GAO examined the Department of Energy's (DOE) Strategic Petroleum Reserve (SPR) drawdown plans, focusing on: (1) DOE capability for withdrawing and distributing SPR oil; (2) SPR compliance with pipeline safety requirements; and (3) the status of DOE actions to correct problems previously identified by GAO.GAO found that: (1) DOE estimated that it could withdraw...
The Strategic Petroleum Reserve Amendments of 1989
T-RCED-89-38: Published: May 4, 1989. Publicly Released: May 4, 1989.
GAO discussed the proposed Strategic Petroleum Reserve (SPR) Amendments of 1989 and alternative, nontraditional methods for financing SPR. GAO noted that: (1) the amendments extended the authorizing legislation for SPR and required the Department of Energy (DOE) to fill SPR at the highest practicable rate and plan for its expansion to 1 billion barrels; (2) as of April 1989, SPR contained over 565...
Oil Reserve: Status of Strategic Petroleum Reserve Activities as of September 30, 1988
RCED-89-63FS: Published: Jan 25, 1989. Publicly Released: Feb 2, 1989.
Pursuant to a congressional request, GAO reviewed the Department of Energy's (DOE) progress in developing, operating, and filling the Strategic Petroleum Reserve (SPR) during the 6 months ended September 30, 1988.GAO found that, during that period, DOE: (1) added 9.7 million barrels of crude oil to SPR, increasing the inventory to 554.7 million barrels; (2) disbursed $130 million to the Mexican na...
Status of Security Measures to Prevent Oil Flow Disruptions
T-RCED-89-3: Published: Dec 7, 1988. Publicly Released: Dec 7, 1988.
GAO provided unclassified information from a classified report regarding the Department of Energy's (DOE) security program for the Strategic Petroleum Reserve. GAO found that program goals are to: (1) limit site access to the extent feasible; and (2) develop recovery plans that would allow DOE to restore full operational capability within 15 to 30 days after an oil flow disruption. GAO also found...
Naval Petroleum Reserve No. 1: Efforts to Sell the Reserve
RCED-88-198: Published: Jul 28, 1988. Publicly Released: Jul 28, 1988.
In response to a congressional request, GAO reviewed the proposed sale of the Elk Hills, California, Naval Petroleum Reserve No. 1 (NPR-1), specifically the: (1) chronological events leading to and following sale proposals; (2) proposals to produce and sell NPR-1 oil and gas production for nonmilitary use; and (3) Department of Energy's (DOE) 1987 divestiture report.GAO found that: (1) Congress mu...
Oil Reserves: Status of Strategic Petroleum Reserves as of March 31, 1988
RCED-88-175FS: Published: Jun 24, 1988. Publicly Released: Jul 1, 1988.
In response to a congressional request, GAO presented its semiannual review of the Department of Energy's (DOE) progress in developing, operating, and filling the Strategic Petroleum Reserve (SPR).GAO found that: (1) as of March 31, 1988, the SPR inventory totalled 544.9 million barrels of oil; (2) during the previous 6 months, DOE added 11 million barrels of crude oil at an average fill rate of 6...
Naval Petroleum Reserve-1: Government and Industry Comments on Selling the Reserve
RCED-88-43FS: Published: Nov 23, 1987. Publicly Released: Dec 18, 1987.
Pursuant to a congressional request, GAO examined the: (1) need for the Elk Hills Naval Petroleum Reserve (NPR-1) as an oil reserve for the Department of Defense (DOD); and (2) potential impact of the proposed sale of the government's ownership interests on industry groups that purchase or use NPR-1 light crude oil.GAO found that DOD believes that: (1) quick access to a source of oil is important...