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.
The United States imports natural gas by pipeline from Canada and by tanker as liquefied natural gas (LNG) from overseas. LNG--a supercooled form of natural gas--currently accounts for about 3 percent of total U.S.
To reduce greenhouse gas emissions linked to climate change, two voluntary programs encourage participants to set emissions reduction goals. The Climate Leaders Program, managed by the Environmental Protection Agency (EPA), focuses on firms.
Pursuant to a congressional request, GAO reviewed the role of the Department of Energy's power marketing administrations (PMA), focusing on: (1) how federal legislation and major relevant court cases have, over time, directed the PMAs to give preference to particular customers in purchasing electricity;...
In June 2002, GAO reported that the Federal Energy Regulatory Commission (FERC) had not yet adequately revised its regulatory and oversight approach for the natural gas and electricity industries' transition from regulated monopolies to competitive markets.
Historically, utility monopolies have generated electricity and sold it to customers at prices set by state regulators. Today, private companies in 24 states compete to sell electricity at market prices determined by supply and demand.
This letter responds to congressional interest in the communications between Curt Hebert, Jr., Chairman of the Federal Energy Regulatory Commission (FERC), and Kenneth Lay, Chairman of Enron Corporation which were discussed in an article in the New York Times on May 25, 2001.