Determination of Oil Price in the International Emergency Sharing System
ID-83-15
Published: Nov 12, 1982. Publicly Released: Nov 17, 1982.
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Highlights
Pursuant to a congressional request, GAO reviewed several aspects of the participation of the United States in the International Energy Agency (IEA). Specifically, GAO reported on the involvement of the United States in the fourth test of the IEA Emergency Sharing System (ESS) scheduled for the spring of 1983 and the major issue of pricing considerations.
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Topics
Emergency preparednessEnergy marketingInternational agreementsInternational cooperationOil resourcesPrice regulationOil supplyEmergency managementHearingsOil prices