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.
In most of the requests approved by the Nuclear Regulatory Commission (NRC) to transfer licenses to own or operate nuclear power plants, the financial arrangements have sought to ensure that adequate funds will be available to decommission those plants.
Although the criteria used to rate the bonds of the Tennessee Valley Authority (TVA) and other electric utilities are the same, they are weighted differently and, as a result, the basis for TVA's bond rating is more nonfinancial in nature than that for other electric utilities.
Pursuant to a congressional request, GAO reviewed the behavior of gasoline prices in California, focusing on: (1) the extent to which retail gasoline prices spike more frequently and higher in California than they do in the rest of the United States; (2) why gasoline prices in California rise faster...
Pursuant to a congressional request, GAO discussed the role of the power marketing administrations (PMA) in a restructured electricity industry, focusing on five goals of deregulating the retail electricity market.
Pursuant to a congressional request, GAO provided information on: (1) how the International Energy Agency (IEA) prepares its world oil market statistics; and (2) what accounted for the missing barrels in IEA's historical world oil market statistics in 1998.