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Highlights

In response to a congressional request and concern that the Department of Energy (DOE) periodically test actual drawdown and oil sales from the Strategic Petroleum Reserve (SPR), GAO analyzed the feasibility, cost, and effectiveness of testing actual SPR operations and the possible impacts on oil markets of certain suggested scenarios. In addition, GAO provided views on factors that should be considered in designing a cost-effective SPR test and the utility of oil exchange arrangements between DOE and private firms to facilitate an SPR test.

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