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Naval Petroleum Reserve No. 1--An Assessment of Production Alternatives

RCED-84-180 Published: Jul 30, 1984. Publicly Released: Aug 14, 1984.
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Highlights

Pursuant to a congressional request, GAO addressed geologic, national security, budgetary, and local economic factors that may influence three alternatives to the current oil production approach used for Naval Petroleum Reserve No. 1 (NPR-1) beyond 1985. The options include: continued production, shut-in, and partial shut-in. GAO also discussed the advantages and disadvantages of establishing a Defense Petroleum Reserve (DPR) to serve as a crude oil reserve for the military.

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Domestic crude oilEconomic analysisEnergy consumptionNational defense operationsOil fieldsOil resourcesPetroleum storageCrude oilStrategic petroleum reservesNatural gas