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Naval Petroleum Reserve-1: Government and Industry Comments on Selling the Reserve

RCED-88-43FS Published: Nov 23, 1987. Publicly Released: Dec 18, 1987.
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Highlights

Pursuant to a congressional request, GAO examined the: (1) need for the Elk Hills Naval Petroleum Reserve (NPR-1) as an oil reserve for the Department of Defense (DOD); and (2) potential impact of the proposed sale of the government's ownership interests on industry groups that purchase or use NPR-1 light crude oil.

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Domestic crude oilEnergy consumptionEnergy shortagesFederal propertystate relationsFuel suppliesNational defense operationsOil fieldsOil resourcesPetroleum