Naval Petroleum Reserves: Sales Procedures and Prices Received for Elk Hills Oil
RCED-86-163FS
Published: May 09, 1986. Publicly Released: May 09, 1986.
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Highlights
In response to a congressional request, GAO reported on the Department of Energy's (DOE) oil sales from the Elk Hills Naval Petroleum Reserve (NPR-1) at apparently unreasonably low prices.
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Domestic crude oilOil fieldsOil resourcesPetroleum pricesSales contractsCrude oilStrategic petroleum reservesNatural gasInterested partiesBidders