Energy supplies (51 - 60 of 63 items)
Prospects for a Stronger United States-Mexico Energy Relationship
ID-80-11: Published: May 1, 1980. Publicly Released: May 1, 1980.
Mexico currently has sufficient proven and probable reserves of oil and gas to sustain a production level high enough to make it a major world producer of these fuels within a decade. Moreover, the size of its reserves, 50 billion barrels of oil equivalents, and its potential, ultimately recoverable reserves of 200 billion barrels of oil equivalents, have important implications for a strong future...
Oil and Gas Potential in the Arctic National Wildlife Range
EMD-80-56: Published: Jan 22, 1980. Publicly Released: Feb 4, 1980.
An opinion was asked as to whether a U.S. Geological Survey report supports many analysts' contentions that the rocks of the Arctic National Wildlife Range have a potential for producing oil and gas.It is the GAO opinion that the data provided in the report do not support the position position that the potential for oil and gas definitely exists in the Range. This potential, however, should not be...
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...
Evaluation of Federal Actions in Response to the Iranian Oil Situation
EMD-79-88: Published: Aug 27, 1979. Publicly Released: Sep 24, 1979.
In early March 1979, the United States entered into a commitment with the International Energy Agency (IEA) to lower petroleum consumption by up to 5 percent. This commitment would lessen the Nation's need for imports and thus help stabilize the world oil market, reduce upward pressures on oil prices, and rebuild petroleum stocks drawn during the cutoff. To achieve the IEA commitment, the Iranian...
Need To Consider a Regional Petroleum Reserve for All Petroleum Products
EMD-79-14: Published: Mar 20, 1979. Publicly Released: Mar 20, 1979.
A review of efforts by the Department of Energy (DOE) to create a strategic petroleum reserve has brought to light the fact that legislation which authorized the development of regional reserves has not been fully implemented. Specifically, DOE has failed to obtain sufficient data concerning demand and imports of refined petroleum products.The Energy Policy and Conservation Act requires DOE to ann...
The Strategic Petroleum Reserve
108670: Feb 26, 1979
A progress report on an analysis of the optimum size for a U.S strategic petroleum reserve was presented. The following observations and conclusions were discussed: (1) research did not show that one billion barrels of oil was the optimum size reserve; (2) a recent analysis by the Department of Energy indicated that the largest potential supply shortfalls, 6.6 and 6.8 million barrels per day, wer...
Oil in Reserve: How Much Is Enough?
090847: Jan 1, 1979
This article appeared in the GAO Review, Vol. 14, Issue 3, Summer 1979...
Transportation Planning for the Strategic Petroleum Reserve Should Be Improved
LCD-78-211: Published: Oct 18, 1978. Publicly Released: Oct 18, 1978.
To minimize the vulnerability of the United States to the effects of a severe energy-supply interruption and to provide limited protection from the short-term consequences of interruptions in supplies of petroleum products, Congress provided for the creation of the Strategic Petroleum Reserve (SPR) for the storage of petroleum products. The current goal is to have 1 billion barrels of crude oil in...
Potential Savings through Purchase of Royalty Oil for Strategic Petroleum Reserve
EMD-79-1: Published: Oct 6, 1978. Publicly Released: Oct 6, 1978.
A 1977 report to Congress stated that oil produced from Outer Continental Shelf and onshore federal leases, on which royalties are paid, could be purchased for the Strategic Petroleum Reserve at substantial savings to the government. Department of Interior officials calculated that, based on May 1978 crude oil prices, royalty oil would be $3.01 a barrel less than the national average composite pri...
Critical Factors Affecting Saudi Arabia's Oil Decisions
ID-78-32: Published: May 12, 1978. Publicly Released: May 12, 1978.
Saudi Arabia has a vital role in meeting world energy needs because it has over 25 percent of the free world's known oil reserves and the ability to increase or decrease oil production. Various studies on the world energy outlook conclude that before the end of this century world oil supplies will be insufficient to meet demand under an orderly marketing system. Factors affecting the ability and w...