Energy supplies (1 - 10 of 41 items) in Custom Date Range
Strategic Petroleum Reserve: Issues Regarding the Inclusion of Refined Petroleum Products as Part of the Strategic Petroleum Reserve
GAO-09-695T: Published: May 12, 2009. Publicly Released: May 12, 2009.
The possibility of storing refined petroleum products as part of the Strategic Petroleum Reserve (SPR) has been contemplated since the SPR was created in 1975. The SPR, which currently holds about 700 million barrels of crude oil, was created to help insulate the U.S. economy from oil supply disruptions. However, the SPR does not contain refined products such as gasoline, diesel fuel, or jet fuel...
Energy Markets: Refinery Outages Can Impact Petroleum Product Prices, but No Federal Requirements to Report Outages Exist
GAO-09-87: Published: Oct 7, 2008. Publicly Released: Nov 6, 2008.
In recent years, global demand for petroleum products such as gasoline and diesel fuel has grown more quickly than the capacity to produce them, creating a tight market. U.S. refiners have been running near capacity, particularly during peak summer demand. In such conditions, unexpected refinery outages can result in price increases that adversely affect consumers. GAO was asked to evaluate (1) th...
Economic and Other Implications of Switching from Coal to Natural Gas at the Capitol Power Plant and at Electricity-Generating Units Nationwide
GAO-08-601R: Published: May 1, 2008. Publicly Released: May 1, 2008.
Elevated concentrations of greenhouse gases--carbon dioxide, methane, nitrous oxide, and several synthetic chemicals--in the atmosphere resulting from the combustion of fossil fuels and other sources have the potential to cause significant changes in the earth's climate. These potential impacts include shifts in sea level and weather patterns and could pose threats to coastal and other infrastruct...
Strategic Petroleum Reserve: Improving the Cost-Effectiveness of Filling the Reserve
GAO-08-726T: Published: Apr 24, 2008. Publicly Released: Apr 24, 2008.
The Strategic Petroleum Reserve (SPR) was created in 1975 to help protect the U.S. economy from oil supply disruptions and currently holds about 700 million barrels of crude oil. The Energy Policy Act of 2005 directed the Department of Energy (DOE) to increase the SPR storage capacity from 727 million barrels to 1 billion barrels, which it plans to accomplish by 2018. Since 1999, oil for the SPR h...
Strategic Petroleum Reserve: Available Oil Can Provide Significant Benefits, but Many Factors Should Influence Future Decisions about Fill, Use, and Expansion
GAO-06-872: Published: Aug 24, 2006. Publicly Released: Oct 3, 2006.
Congress authorized the Strategic Petroleum Reserve (SPR), operated by the Department of Energy (DOE), to release oil to the market during supply disruptions and protect the U.S. economy from damage. The reserve can store up to 727 million barrels of crude oil, and currently contains enough oil to offset 59 days of U.S. oil imports. GAO answered the following questions: (1) What factors do experts...
Oil and Gas Development: Challenges to Agency Decisions and Opportunities for BLM to Standardize Data Collection
GAO-05-124: Published: Nov 30, 2004. Publicly Released: Jan 3, 2005.
U.S. consumption of oil and natural gas increasingly outpaces domestic production, a gap that is expected to grow rapidly over the next 20 years. There has been increasing concern about U.S. reliance on foreign energy sources. One option being considered is to increase domestic production of resources on land under the jurisdiction of the Department of the Interior's Bureau of Land Management (BLM...
Energy Security: Evaluating U.S. Vulnerability to Oil Supply Disruptions and Options for Mitigating Their Effects
RCED-97-6: Published: Dec 12, 1996. Publicly Released: Dec 12, 1996.
Pursuant to a congressional request, GAO reviewed the effectiveness of the Administration's 1995 National Energy Policy Plan (NEPP) in reducing the vulnerability of the U.S. economy to oil supply disruptions and price shocks, focusing on: (1) the economic benefits of importing oil compared with the potential economic costs of vulnerability to oil shocks; (2) the extent to which the U.S. economy's...
Energy Policy: Other Nations' Policies to Reduce Oil and Coal Use in Transport and Industry
RCED-93-139: Published: May 28, 1993. Publicly Released: Jun 30, 1993.
Pursuant to a congressional request, GAO examined energy use in Canada, France, Germany, Japan and South Korea, focusing on: (1) factors influencing the type and amount of energy the countries use; and (2) the countries' key energy policies and programs to promote energy efficiency and oil and coal conservation in their industrial and transportation sectors.GAO found that: (1) the factors influenc...
Energy Policy: Changes Needed to Make National Energy Planning More Useful
RCED-93-29: Published: Apr 27, 1993. Publicly Released: May 5, 1993.
Pursuant to a congressional request, GAO reviewed the national energy policy plans (NEPP) between 1979 and 1991, focusing on: (1) whether the plans comply with the Department of Energy Organization Act; (2) reasons for differences among the plans; and (3) changes that may be warranted in the energy planning process.GAO found that: (1) NEPP submissions since 1979 have varied significantly in their...
Energy Conservation: Efforts Promoting More Efficient Electricity Use
T-RCED-92-74: Published: Jun 23, 1992. Publicly Released: Jun 23, 1992.
GAO discussed efforts to increase the efficiency of electric energy use. GAO noted that: (1) utility-sponsored demand management programs are expected to avoid more than half of the growth in electricity demand that would otherwise occur by 2000; (2) levels of demand management activity vary widely among the states; (3) inhibitions to demand management programs include consumer reluctance to purch...