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International Energy Agency: Response to the Oil Supply Disruption Caused by the Persian Gulf Crisis

NSIAD-92-93 Published: Jan 21, 1992. Publicly Released: Feb 24, 1992.
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Highlights

Pursuant to a congressional request, GAO reviewed the: (1) International Energy Agency's (IEA) decision to draw down emergency oil stocks in response to the oil supply disruptions that followed Iraq's invasion of Kuwait; (2) U.S. policy on restraining oil demand; (3) U.S. position on domestic sharing of oil supplies in an emergency and oil companies' views on that position; and (4) Department of Energy's (DOE) efforts to educate the American public about U.S. participation in IEA.

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Domestic crude oilEnergy shortagesFuel rationingFuel suppliesInternational agreementsOil resourcesPetroleum industryPetroleum storageStrategic materialsStocks