Crude oil (31 - 40 of 53 items)
Strategic Petroleum Reserve: Substantial Progress Made, but Capacity and Oil Quality Concerns Remain
EMD-82-19: Published: Dec 31, 1981. Publicly Released: Dec 31, 1981.
The Strategic Petroleum Reserve (SPR) is vital to the Nation's efforts to protect itself against oil embargoes or temporary oil shortages. GAO was asked to provide periodic status reports and an overall report on the Administration's efforts through fiscal year 1981 to fill SPR in compliance with the Energy Security Act.During fiscal year 1981, the Administration far surpassed the required minimum...
The United States Remains Unprepared for Oil Import Disruptions
EMD-81-117: Published: Sep 29, 1981. Publicly Released: Sep 29, 1981.
GAO examined the Federal Government's ability to cope with oil import disruptions, reported on the adequacy of the Department of Energy's (DOE) current contingency programs and organization for dealing with oil shortages, and suggested ways to strengthen the Nation's energy emergency preparedness. In order to examine present emergency preparedness, GAO examined emergency programs for quickly incre...
The United States Exerts Limited Influence on the International Crude Oil Spot Market
EMD-80-98: Published: Aug 21, 1980. Publicly Released: Aug 21, 1980.
In 1979, the world oil market was in disarray. Crude oil prices more than doubled. Unified pricing by the Organization of Petroleum Exporting Countries (OPEC) crumbled as many of these countries first placed surcharges on the price of their oil, and then in a number of cases, imposed whatever prices they believed the market would bear. At the height of this turmoil, the international crude oil spo...
Guidance Needed on Use of Natural Gas Price Escalator Clauses
EMD-80-53: Published: Jul 25, 1980. Publicly Released: Jul 25, 1980.
Price escalator clauses permit producers to raise the initial price of natural gas over a period of time or to raise the price when some outside event occurs. In December 1978, the Federal Energy Regulatory Commission (FERC) issued interim regulations implementing the Natural Gas Policy Act of 1978. FERC stated that establishing maximum lawful prices under the act would not trigger any indefinite...
How the Petroleum Refining Industry Approaches Energy Conservation--A Case Study
EMD-80-55: Published: Jun 13, 1980. Publicly Released: Jun 13, 1980.
A review was made concerning conservation achievements in the petroleum refining industry, and the impact existing Federal energy conservation and fuel-switching programs have had in furthering conservation gains and encouraging switching to coal. The U.S. petroleum refining industry accounts for about 4 percent of total domestic energy consumption and over 10 percent of all energy consumed by the...
Industrial Cogeneration--What It Is, How It Works, Its Potential
EMD-80-7: Published: Apr 29, 1980. Publicly Released: Apr 29, 1980.
The role that cogeneration can play in the nation's efforts to conserve valuable energy resources was reviewed. The cogeneration of power and heat can be employed by both industry and utilities. Since these two sectors account for about half of the fuel consumed in the United States, their acceptance of this technology can assist in accomplishing the national goals of using fuels more efficiently...
Prospects for Cooperation and Trade of Energy Resources Between the United States and Canada
ID-80-2: Published: Nov 8, 1979. Publicly Released: Nov 8, 1979.
Because Canada and the United States are each other's largest trading partner, occupy the same continent, and share a stake in the future of Western democracies, the interdependencies have expanded into the area of energy. In March 1979, the two countries agreed to deal cooperatively with mutual energy problems. The Canadian Government, in cooperation with private industry, began to be concerned w...
A Framework for Developing a National Energy Conservation Program
EMD-79-76: Published: Jul 31, 1979. Publicly Released: Sep 21, 1979.
The report analyzes energy conservation opportunities and evaluates how the administration might develop an overall national energy conservation program. For the Government to lead the Nation effectively toward a more efficient use of energy, the administration should establish an overall national energy conservation goal which includes an acceptable level of crude oil imports and, at the same tim...
Information on Department of Energy's Management of the Strategic Petroleum Reserve
EMD-79-49: Published: Mar 22, 1979. Publicly Released: Apr 20, 1979.
Answers are presented to a series of congressionally generated questions concerning the management of the strategic petroleum reserve program by the Department of Energy.Prior review of the cost and feasibility of salt cavern storage raised questions concerning the need for better information to reduce risks and uncertainties regarding the suitability of specific caverns for storage. However, salt...
Energy Measures To Reduce U.S. Dependence on Foreign Oil
109116: Apr 8, 1979
GAO has done work in three areas regarding energy measures calculated to reduce United States dependence on oil imported from member nations of the Organization of Petroleum Exporting Countries (OPEC): conservation of existing oil supplies, development of non-OPEC sources, and transition to alternative energy sources. The United States has been relying heavily on foreign oil sources, leaving itsel...