Oil resources (21 - 30 of 221 items)
Energy Security: Issues Related to Potential Reductions in Venezuelan Oil Production
GAO-06-668: Published: Jun 27, 2006. Publicly Released: Jun 27, 2006.
Venezuela is the world's eighth-largest oil exporter and among the top 10 countries in total proven oil reserves. Venezuela also supplies about 11 percent of current U.S. imports of crude oil and petroleum products and wholly owns five refineries in the U.S. Consequently, Venezuela is a key player in the future energy security of the United States and the world. The current global oil market is ti...
Oil And Gas Development: Increased Permitting Activity Has Lessened BLM's Ability to Meet Its Environmental Protection Responsibilities
GAO-05-418: Published: Jun 17, 2005. Publicly Released: Jul 21, 2005.
Rising U.S. energy consumption and concerns about dependency on foreign energy sources have prompted the administration to aggressively pursue domestic oil and gas production, including production on public lands, which in turn has generated concern that the impacts of this activity may compromise the use of public land for other purposes. GAO determined (1) the extent to which the level of oil an...
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...
National Wildlife Refuges: Improvement Needed in the Management and Oversight of Oil and Gas Activities on Federal Lands
GAO-04-192T: Published: Oct 30, 2003. Publicly Released: Oct 30, 2003.
The 95-million acres in the National Wildlife Refuge System are the only federal lands primarily devoted to the conservation and management of fish, wildlife, and plant resources. While the federal government owns the surface lands in the system, in many cases private parties own the subsurface mineral rights and have the legal authority to explore for and extract oil and gas. This testimony is ba...
International Energy Agency: How the Agency Prepares Its World Oil Market Statistics
RCED-99-142: Published: May 7, 1999. Publicly Released: Jun 7, 1999.
Pursuant to a congressional request, GAO provided information on: (1) how the International Energy Agency (IEA) prepares its world oil market statistics; and (2) what accounted for the missing barrels in IEA's historical world oil market statistics in 1998.GAO noted that: (1) IEA uses a bottom-up approach to prepare its historical and projected oil market statistics; (2) under this approach, IEA c...
Trans-Alaska Pipeline: Actions to Improve Safety Are Under Way
RCED-95-162: Published: Aug 1, 1995. Publicly Released: Aug 8, 1995.
Pursuant to a congressional request, GAO provided information on the progress made in correcting deficiencies in the operation and management of the Trans-Alaska Pipeline System (TAPS), focusing on: (1) whether the planned corrective actions will address deficiencies in the pipeline's electrical systems, quality, and preventive maintenance; (2) whether regulators are taking action to improve overs...
Naval Petroleum Reserves
RCED-95-141R: Published: Mar 17, 1995. Publicly Released: Mar 24, 1995.
GAO provided information on the Naval Petroleum and Oil Shale Reserves. GAO noted that: (1) although the mission of the reserves has changed from emphasizing energy security to providing revenue to the Treasury, few measures have been taken to maximize profits; (2) profits could be increased at the Elk Hills, California oil field by allowing the Department of Energy to set the rate of production,...
Naval Petroleum Reserve: Opportunities Exist to Enhance Its Value to the Taxpayer
T-RCED-95-136: Published: Mar 22, 1995. Publicly Released: Mar 22, 1995.
GAO discussed how to enhance the profitability of the Naval Petroleum and Oil Shale Reserves, focusing on the operations at the Elk Hills, California, oil and natural gas field. GAO noted that: (1) measures to complement future options and increase revenues for the field include giving the Department of Energy more flexibility to maximize production and market its oil more aggressively; (2) if Con...
Naval Petroleum Reserve: Opportunities Exist to Enhance Its Profitability
RCED-95-65: Published: Jan 12, 1995. Publicly Released: Feb 13, 1995.
Pursuant to a congressional request, GAO reviewed the Naval Petroleum Reserve (NPR-1), focusing on actions the U.S. government could take to increase its profitability.GAO found that: (1) there are three standard industry practices that could enhance the profitability of NPR-1; (2) the Department of Energy (DOE) could be allowed to set the rate of production in a way that maximizes profits rather...
Energy Policy: Ranking Options to Improve the Readiness of and Expand the Strategic Petroleum Reserve
RCED-94-259: Published: Aug 18, 1994. Publicly Released: Aug 25, 1994.
GAO reviewed readiness and expansion options for the Strategic Petroleum Reserve (SPR), focusing on: (1) eliminating problems related to the buildup of geothermal heat and gas in some crude oil in SPR; (2) replacing existing facilities and systems to extend the useful life of the reserve; (3) filling SPR to the current 750-million-barrel capacity or expanding and filling SPR to 1 billion barrels;...