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Reasons and Current Outlook for the Sale of Federal Royalty Oil to Small and Independent Refiners

RCED-85-139 Published: Aug 26, 1985. Publicly Released: Sep 25, 1985.
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Highlights

In response to a congressional request, GAO examined the Department of the Interior's 1983 basis for determining the need to sell federal royalty oil to eligible refiners and alternatives to improving the program.

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Fuel salesMarine mineral resources developmentOil drillingOil leasesOil resourcesPetroleum pricesProgram managementRoyalty paymentsOil refineriesCrude oil