Strategic petroleum reserves (51 - 60 of 94 items)
Additional Improvements Needed in Logistics Support for the Strategic Petroleum Reserve
RCED-84-12: Published: Apr 13, 1984. Publicly Released: Apr 13, 1984.
GAO reviewed the Department of Energy's (DOE) efforts to develop an integrated logistics support system for the Strategic Petroleum Reserve (SPR) storage locations. The review was made as part of a comprehensive effort to evaluate DOE performance in developing, filling, and maintaining the SPR.During initial planning and construction of the SPR, emphasis was placed upon meeting oil storage goals a...
Status of Strategic Petroleum Reserve Activities as of March 31, 1984
RCED-84-148: Published: Apr 13, 1984. Publicly Released: Apr 13, 1984.
In response to a congressional request, GAO reported on the Department of Energy's (DOE) progress in filling the Strategic Petroleum Reserve (SPR) and in complying with the requirements of applicable law during the second quarter of fiscal year (FY) 1984.During the quarter, the administration released its FY 1985 budget proposal which requested funds to: (1) fill the SPR at a rate of 145,000 barre...
Comments on Proposed Energy Emergency Preparedness Act Amendments of 1983, S. 1678
122630: Oct 19, 1983
GAO commented on the Energy Emergency Preparedness Act Amendments of 1983, S. 1678, and the Nation's ability to coordinate an emergency response with its allies. The bill deals with problems cited earlier by GAO, including incomplete emergency response procedures, the prospects of conflicting Federal and State laws and policies, and the legal impediments regarding Executive Manpower Reserves. GAO...
Status of Strategic Petroleum Reserve Activities as of September 30, 1983
RCED-84-11: Published: Oct 14, 1983. Publicly Released: Oct 14, 1983.
Pursuant to a congressional request, GAO reported on the administration's progress in filling the Strategic Petroleum Reserve (SPR) during the fourth quarter of fiscal year (FY) 1983.GAO found that: (1) Congress dropped additional FY 1983 SPR funding which will cause the SPR to enter FY 1984 operating under a continuing resolution and with funds carried over from prior years; (2) the SPR fill rate...
Status of Strategic Petroleum Reserve Activities as of June 30, 1983
RCED-83-203: Published: Jul 13, 1983. Publicly Released: Jul 13, 1983.
Pursuant to a congressional committee request that GAO report on a quarterly basis through fiscal year (FY) 1985 on the administration's progress in filling the Strategic Petroleum Reserve (SPR) and in complying with the requirements of applicable law, GAO submits this review.GAO found that Congress continues to consider SPR funding for FY's 1983 and 1984. Among other matters being considered is a...
Department of Energy Management of the Strategic Petroleum Reserve
121487: May 24, 1983
GAO discussed selected facets of the Department of Energy's (DOE) management of Strategic Petroleum Reserve (SPR) activities. In reviewing DOE audit recommendation followup procedures, GAO noted a wide disparity between contract expenditures questioned by the Defense Contract Audit Agency (DCAA) and the amounts recovered by DOE in individual audit reports. To assess this disparity, GAO suggested t...
Oil Supply Disruptions: Their Price and Economic Effects
RCED-83-135: Published: May 20, 1983. Publicly Released: May 20, 1983.
In response to a congressional request, GAO reported on oil prices and the economic effects of supply disruptions in the absence of government intervention. GAO also assessed the adequacy of research in this area.GAO analysis showed that disruptions invariably raise oil prices. Models show that disruption size, market tightness, and the level of oil inventories govern the severity of oil price inc...
The Strategic Petroleum Reserve
121312: May 6, 1983
GAO discussed issues relating to the Strategic Petroleum Reserve (SPR) and indicated areas for congressional concern and action. Specifically, GAO focused on the SPR fiscal year (FY) 1983 fill rate and the administration's budget request for FY 1984. GAO noted that the administration has made progress in filling the SPR and that under the law a lower fill rate is allowed if the President finds tha...
Deferral of SPR Budget Authority Not Reported to Congress
OGC-83-11: Published: May 5, 1983. Publicly Released: May 5, 1983.
GAO reported a deferral of budget authority provided for the Strategic Petroleum Reserve (SPR) petroleum account which should have been, but was not, reported to Congress pursuant to the provisions of the Impoundment Control Act.GAO found that a total of $4.5 billion is available in the SPR account for oil deliveries in fiscal year (FY) 1983. GAO estimated that, at current prices, approximately $8...
[Energy Supply and Demand Issues]
121291: Mar 23, 1983
Energy issues, a major area of GAO activity were presented; 13 strategic and major target areas of GAO work, 6 of which may generate high congressional interest, were identified. These are areas for which a series of building block efforts and a broad summary report within the next 2 years would be timely. Congressional interest in energy issues remains high, and GAO must continue to respond to th...