Energy policy (61 - 70 of 77 items)
Oil and Gas Accounting Standards
EMD-78-100: Published: Aug 4, 1978. Publicly Released: Aug 4, 1978.
A provision of the Energy Policy and Conservation Act requires that the Securities and Exchange Commission (SEC), with the involvement of the Financial Accounting Standards Board (FASB), develop accounting practices to be followed by oil and gas producers in reporting information to the Department of Energy. SEC is seeking to determine whether a formal statement (Statement No. 19) issued by FASB o...
Legislation To Amend the Energy Policy and Conservation Act To Establish a Means for Obtaining Short-Range and Long-Range Comprehensive Energy Policy Analyses
B-178726: Published: Apr 28, 1978. Publicly Released: Apr 28, 1978.
No summary is currently available...
Royalty Rates Applied to Outer Continental Shelf Leases
EMD-78-54: Published: Apr 25, 1978. Publicly Released: Apr 25, 1978.
Oil and natural gas Outer Continental Shelf leases are awarded through sealed bids on the basis of the highest cash bonus with a fixed royalty or on a percentage royalty bid with a fixed cash bonus. The royalty rate has customarily been over 16 percent; some experimenting is now being done with a fixed sliding scale royalty or with a higher royalty rate with no fixed cash bonus. While the lease pr...
Priorities and Materials Allocations under Defense Production Act
ID-78-39: Published: Apr 24, 1978. Publicly Released: Apr 24, 1978.
The Defense Production Act and its implementing regulations and procedures were reviewed to determine the procedures established for priorities and materials allocation support for energy programs. The Department of Commerce's Assistant Secretary for Industry and Trade has advised that it is difficult to estimate the potential demand for domestic steel or other materials under this program. Howeve...
The Need for National Energy Analysis
105661: Apr 11, 1978
H.R. 11678 addresses many of the issues concerning the need for national energy analysis that GAO has addressed over the past several years. There are five crucial steps to national energy planning which are required to put the Nation's long-range energy needs in perspective and design effective energy policy: (1) development of a set of realistic projections to show what the energy future will be...
Need To Minimize Risks of Using Salt Caverns for the Strategic Petroleum Reserve
EMD-78-25: Published: Jan 9, 1978. Publicly Released: Jan 9, 1978.
The Energy Policy and Conservation Act requires the Federal Energy Administration (FEA) to create a strategic petroleum reserve to protect against interruptions in energy and petroleum product supplies. Oil for the reserve will be stored in caverns within salt domes and in salt and limestone mines. FEA identified nine potential sites--four salt domes, three salt mines, and two limestone mines--wit...
U.S. Oil Companies' Involvement in the International Energy Program
HRD-77-154: Published: Oct 21, 1977. Publicly Released: Oct 21, 1977.
The Energy Policy and Conservation Act allows U.S. oil companies to participate in the International Energy Program (IEP) and provides for Government monitoring to prevent anticompetitive activities. An allocation systems test was conducted in Paris from October 4 to November 18, 1976, to assess the International Energy Agency's (IEA's) ability to respond to an emergency supply disruption. The tes...
GAO Energy Digest
104263: Sep 1, 1977
The Energy Digest, the first in a series of planned topical digests, brings together all of the available unrestricted documents on energy-related matters that GAO has issued from July 1972 through March 1977. For the most part, this publication was derived from computerized GAO data bases.Designed to serve as a desk reference, the Energy Digest contains over 200 audit reports, special studies, le...
Federal Energy Administration's System for Monitoring Heating Oil Prices
EMD-77-63A: Published: Aug 25, 1977. Publicly Released: Aug 25, 1977.
Under the monitoring system established by the Federal Energy Administration (FEA) to ensure that heating oil price levels remain reasonable, FEA collects price information from a survey of about 600 firms and compares the average of these survey prices to an index price which is the FEA best estimate of what average heating oil prices would have been had they remained under price controls.Overall...
Proposed Regulations to Implement Section 522 of the Energy Policy and Conservation Act Concerning Conflicts of Interest
B-103987: Published: Apr 20, 1977. Publicly Released: Apr 20, 1977.
GAO was asked to review and comment on the proposed regulations of the Department of the Interior and the Federal Energy Administration to implement section 522 of the Energy Policy and Conservation Act, 42 U.S.C. § 6392 (Supp. V, 1975), concerning conflicts of interest. GAO later received a copy of the Department of the Interior's revised conflict of interest regulations appearing at 41 Fed. Reg...