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Using Elk Hills and Alaskan North Slope Oil To Supply the Strategic Petroleum Reserve

EMD-81-4 Published: Oct 21, 1980. Publicly Released: Nov 03, 1980.
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Highlights

GAO was requested to determine why the domestic sources of crude oil from the Alaskan North Slope and Elk Hills Naval Petroleum Reserve were not used to fill the Strategic Petroleum Reserve (SPR), whether they could be used for the SPR, and what effect such purchases would have on the U.S. balance of payments. The review covered the period May 4, 1980 to October 7, 1980, and assessed the feasibility of acquiring the oil from these two domestic sources. It also discussed some factors to be considered in using these sources, such as supply potential and quality, transportation requirements, and impact on refiners.

Recommendations

Recommendations for Executive Action

Agency Affected Recommendation Status
Department of Energy The Secretary of Energy should issue an open solicitation for oil supplies for the Strategic Petroleum Reserve, to encourage the availability of a wide range of sources of supply from which to choose including Elk Hills and Alaskan North Slope oil.
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Crude oilEnergy legislationEnergy suppliesOil resourcesTransportationStrategic petroleum reservesOil refineriesEnergy securityOil supplyBid proposals