Crude oil (1 - 10 of 53 items)
Advanced Energy Technologies: Budget Trends and Challenges for DOE's Energy R&D Program
GAO-08-556T: Published: Mar 5, 2008. Publicly Released: Mar 5, 2008.
For decades, the nation has benefited from relatively inexpensive energy, in the process growing heavily reliant on conventional fossil fuels--oil, natural gas, and coal. However, in the current wake of higher energy costs and environmental concerns about fossil fuel emissions, renewed attention is turning to the development of advanced energy technologies as alternatives. In the United States, th...
Advanced Energy Technologies: Key Challenges to Their Development and Deployment
GAO-07-550T: Published: Feb 28, 2007. Publicly Released: Feb 28, 2007.
For decades, the nation has benefited from relatively inexpensive energy, but it has also grown reliant on fossil fuels--oil, natural gas, and coal. Periodic imported oil supply disruptions have led to price shocks, yet the nation's dependence on imported energy is greater than ever. Fossil fuel emissions of carbon dioxide--linked to global warming--have also raised environmental concerns. The Dep...
Department of Energy: Key Challenges Remain for Developing and Deploying Advanced Energy Technologies to Meet Future Needs
GAO-07-106: Published: Dec 20, 2006. Publicly Released: Jan 19, 2007.
Despite periodic price shocks and related energy crises, the United States is even more dependent on crude oil and natural gas than it was almost 30 years ago. And, without dramatic change, the nation will become ever more reliant on imported oil and natural gas with attendant threats to national security. The nation has also become concerned about global warming, which has been linked to carbon d...
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...
OCG-93-13TR: Published: Dec 1, 1992. Publicly Released: Dec 1, 1992.
Pursuant to a congressional request, GAO summarized information on federal energy and science issues facing Congress and the new administration.GAO noted that: (1) the United States depends upon petroleum and other fossil fuels for 85 percent of its general energy consumption and 70 percent of its energy production; (2) petroleum's low price discouraged development of alternative fuels, limited ef...
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...
Long-Term Policies Needed to Address Energy Use and Price Volatility
T-RCED-90-105: Published: Sep 5, 1990. Publicly Released: Sep 5, 1990.
GAO discussed the oil price increases that have taken place since Iraq's invasion of Kuwait. GAO noted that: (1) between August 1 and August 23, 1990, the price for oil futures increased from $21 per barrel to almost $32 per barrel before falling to about $27 on August 27; (2) retail gasoline prices increased about 10 cents a gallon after a major oil spill in March 1989; (3) retail home heating oi...
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...
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...
Energy Conservation: States' Expenditures of Warner Amendment Oil Overcharge Funds
RCED-88-119BR: Published: May 17, 1988. Publicly Released: May 24, 1988.
Pursuant to a congressional request, GAO provided information regarding states' use of Warner Amendment oil overcharge funds, focusing on: (1) the status of all oil overcharge funds; (2) Arizona's, California's, and Illinois's Warner funds use and spending time frames; (3) states' funds expenditure processes; (4) ways in which states' Warner funds experiences may apply to their use of much larger...