GAO’s reports and testimonies give Congress, federal agencies, and the public timely, fact-based, non-partisan information that can improve government operations and save taxpayers billions of dollars.
Federal agencies play a critical role in ensuring that energy infrastructure projects comply with federal statutes and regulations. We testified about the role of federal agencies in reviewing and permitting various types of energy infrastructure, such as offshore oil and gas projects.
What GAO FoundIn its October 2010 report, GAO noted that oil shale development presents the following opportunities for the United States:Increasing domestic oil production. Tapping the vast amounts of oil locked within U.S.
In fiscal year 2007, domestic and foreign companies received over $75 billion from the sale of oil and gas produced from federal lands and waters, according to the Department of the Interior (Interior), and these companies paid the federal government about $9 billion in royalties for this oil and gas...
The Energy Policy Act of 2005 (Act) contains provisions that address a variety of challenges that face the geothermal industry, including the high risk and uncertainty of developing geothermal power plants, lack of sufficient transmission capacity, and delays in federal leasing.
Since 1995, the average price of natural gas in the United States has almost tripled as demand has grown faster than supply. Despite this increase, natural gas is regularly lost as it is burned (flared) and released into the atmosphere (vented) during the production of oil and gas.
Serious problems which involve not leasing enough coal, not selecting the best coal areas for lease, and not having needed coal data are indicated in the Department of the Interior's lease sale in the Green River-Hams Fork region of Colorado and Wyoming.