Crude oil (21 - 30 of 53 items)
Status of Strategic Petroleum Reserve Activities as of June 30, 1985
RCED-85-149: Published: Jul 15, 1985. Publicly Released: Jul 15, 1985.
In response to a congressional request, GAO reported on the Department of Energy's (DOE) progress in filling the Strategic Petroleum Reserve (SPR) and compliance with legislative requirements during the third quarter of fiscal year (FY) 1985.GAO found that, during the quarter, Congress renewed portions of the Energy Policy and Conservation Act, extending the legislative authority for the SPR throu...
Evaluation of the Department of Energy's Plan To Sell Oil From the Strategic Petroleum Reserve
RCED-85-80: Published: Jun 5, 1985. Publicly Released: Jun 12, 1985.
Pursuant to a congressional request, GAO reviewed the Department of Energy's (DOE) plan for selling oil from the Strategic Petroleum Reserve (SPR) to analyze: (1) the plan's potential effects on world oil prices; (2) the issues affecting who would get SPR oil under this plan; and (3) how the plan compares with alternative sales mechanisms.GAO found that the plan's market approach would probably li...
The Department of Energy Should Improve Its Management of Oil Overcharge Funds
RCED-85-46: Published: Feb 14, 1985. Publicly Released: Mar 11, 1985.
Pursuant to a congressional request, GAO examined the adequacy of the Department of Energy (DOE) Economic Regulatory Administration's (ERA) management of funds distributed to states resulting from the collection of overcharges found in audits of oil companies' compliance with regulations controlling the allocation and pricing of crude oil and refined petroleum products.GAO found that ERA chose to...
Data Available From DOE and Private-Sector Sources To Address Selected Issues Regarding Heating Oil
124936: Aug 14, 1984
Pursuant to a congressional request, GAO summarized: (1) the types of information that would help explain heating oil pricing issues; (2) the difficulties involved in collecting such data; and (3) available information on heating oil price differences among states. GAO found that available data on heating inventories, sales, and prices cannot fully reflect rapidly changing developments in the heat...
Additional Improvements Needed in Logistics Support for the Strategic Petroleum Reserve
RCED-84-12: Published: Apr 13, 1984. Publicly Released: Apr 13, 1984.
GAO reviewed the Department of Energy's (DOE) efforts to develop an integrated logistics support system for the Strategic Petroleum Reserve (SPR) storage locations. The review was made as part of a comprehensive effort to evaluate DOE performance in developing, filling, and maintaining the SPR.During initial planning and construction of the SPR, emphasis was placed upon meeting oil storage goals a...
Comments on Proposed Energy Emergency Preparedness Act Amendments of 1983, S. 1678
122630: Oct 19, 1983
GAO commented on the Energy Emergency Preparedness Act Amendments of 1983, S. 1678, and the Nation's ability to coordinate an emergency response with its allies. The bill deals with problems cited earlier by GAO, including incomplete emergency response procedures, the prospects of conflicting Federal and State laws and policies, and the legal impediments regarding Executive Manpower Reserves. GAO...
The Strategic Petroleum Reserve
121312: May 6, 1983
GAO discussed issues relating to the Strategic Petroleum Reserve (SPR) and indicated areas for congressional concern and action. Specifically, GAO focused on the SPR fiscal year (FY) 1983 fill rate and the administration's budget request for FY 1984. GAO noted that the administration has made progress in filling the SPR and that under the law a lower fill rate is allowed if the President finds tha...
Deferral of SPR Budget Authority Not Reported to Congress
OGC-83-11: Published: May 5, 1983. Publicly Released: May 5, 1983.
GAO reported a deferral of budget authority provided for the Strategic Petroleum Reserve (SPR) petroleum account which should have been, but was not, reported to Congress pursuant to the provisions of the Impoundment Control Act.GAO found that a total of $4.5 billion is available in the SPR account for oil deliveries in fiscal year (FY) 1983. GAO estimated that, at current prices, approximately $8...
Analysis of the Comprehensive Energy Emergency Response Procedures Report
RCED-83-106: Published: Feb 17, 1983. Publicly Released: Feb 17, 1983.
In response to a congressional request, GAO analyzed the comprehensive energy emergency response procedures report submitted by the President to Congress on December 31, 1982.GAO found that the procedures report does not adequately detail the options available to the President. Key programs, notably the Strategic Petroleum Reserve (SPR), emergency executive manpower reserves, and some Internationa...
Status of Strategic Petroleum Reserve Activities as of December 31, 1982
RCED-83-93: Published: Jan 14, 1983. Publicly Released: Jan 21, 1983.
This is the third in a series of reports GAO was requested to provide on the administration's progress in filling the Department of Energy's (DOE) Strategic Petroleum Reserve (SPR).GAO discussed activities during the first quarter of fiscal year (FY) 1983 related to filling the SPR, establishing the FY 1983 fill rate, developing new permanent storage facilities, and determining the status of SPR f...