Strategic Petroleum Reserve: Options to Improve the Cost-Effectiveness of Filling the Reserve
Strategic Petroleum Reserve: Options to Improve the Cost-Effectiveness of Filling the Reserve

Author: Frank Rusco

Publisher: DIANE Publishing

Published: 2008-07

Total Pages: 11

ISBN-13: 1437901689

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The Strategic Petroleum Reserve (SPR) was created in 1975 to help insulate the U.S. economy from oil supply disruptions and currently holds about 700 million barrels of crude oil. The Energy Policy Act of 2005 directed the Dept. of Energy (DoE) to increase the SPR storage capacity from 727 million barrels to 1 billion barrels, which it plans to accomplish by 2018. Since 1999, oil for the SPR has generally been obtained through the royalty-in-kind program, whereby the gov¿t. receives oil instead of cash for payment of royalties on leases of fed. property. This testimony focuses on: (1) factor that DoE should consider when filling the SPR; and (2) the cost-effectiveness of using oil received through the royalty-in-kind program to fill the SPR.

Strategic Petroleum Reserve
Strategic Petroleum Reserve

Author: United States Accounting Office (GAO)

Publisher: Createspace Independent Publishing Platform

Published: 2018-05-16

Total Pages: 30

ISBN-13: 9781719190428

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Strategic Petroleum Reserve: Options to Improve the Cost-Effectiveness of Filling the Reserve

Strategic Petroleum Reserve: Improving the Cost-Effectiveness of Filling the Reserve
Strategic Petroleum Reserve: Improving the Cost-Effectiveness of Filling the Reserve

Author: Frank Rusco

Publisher: DIANE Publishing

Published: 2008-07

Total Pages: 15

ISBN-13: 1437904394

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The Strategic Petroleum Reserve (SPR) helps protect the U.S. economy from oil supply disruptions and currently holds 700 million barrels of crude oil. The Energy Policy Act directed the DoE to increase the SPR storage capacity from 727 million barrels to 1 million barrels. Since 1999, oil for the SPR has been obtained through the royalty-in-kind program, whereby the gov¿t. receives oil instead of cash for payment of royalties on leases of fed. property. The Minerals Mgmt. Service collects the royalty oil and transfers it to DoE, which then trades it for oil for the SPR. This testimony focuses on: (1) factors for DoE to consider when filling the SPR; and (2) the cost-effectiveness of using oil received through the royalty-in-kind program to fill the SPR.

Strategic Petroleum Reserve
Strategic Petroleum Reserve

Author: U S Government Accountability Offi Gao

Publisher: Independently Published

Published: 2019-06-07

Total Pages: 28

ISBN-13: 9781072610755

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STRATEGIC PETROLEUM RESERVE: Preliminary Observations on the Emergency Oil Stockpile

Strategic Petroleum Reserve
Strategic Petroleum Reserve

Author: United States Accounting Office (GAO)

Publisher: Createspace Independent Publishing Platform

Published: 2018-06-16

Total Pages: 24

ISBN-13: 9781721246984

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Strategic Petroleum Reserve: Options to Improve the Cost-Effectiveness of Filling the Reserve

Strategic Petroleum Reserve: Issues Regarding the Inclusion of Refined Petroleum Products as Part of the Strategic Petroleum Reserve
Strategic Petroleum Reserve: Issues Regarding the Inclusion of Refined Petroleum Products as Part of the Strategic Petroleum Reserve

Author: Frank Rusco

Publisher: DIANE Publishing

Published: 2010-02

Total Pages: 16

ISBN-13: 1437917704

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The possibility of storing refined petroleum products as part of the Strategic Petroleum Reserve (SPR) has been contemplated since the SPR was created in 1975. The SPR, which currently holds about 700 million barrels of crude oil, was created to help insulate the U.S. economy from oil supply disruptions. However, the SPR does not contain refined products such as gasoline, diesel fuel, or jet fuel. The Energy Policy Act of 2005 directed the Dept. of Energy to increase the SPR's capacity from 727 million barrels to 1 billion barrels. This testimony discusses (1) some of the arguments for and against including refined products in the SPR; and (2) lessons learned from the management of the existing crude oil SPR that may be applicable to refined products. Illus.

Strategic Petroleum Reserve (SPR) and Refined Product Reserves
Strategic Petroleum Reserve (SPR) and Refined Product Reserves

Author: Anthony Andrews

Publisher: DIANE Publishing

Published: 2011-05

Total Pages: 18

ISBN-13: 1437983154

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This report discusses the Strategic Petroleum Reserve (SPR) in the Energy Policy and Conservation Act, which was authorized to help prevent a repetition of the economic dislocation caused by the 1973-1974 Arab oil embargo. The Government Accountability Office recently observed that the proportion of crude oil grades in the SPR has been growing less compatible with the heavier grades of crude oil that U.S. refineries have been upgrading to handle. This finding has raised questions about the SPR's effectiveness during a long-term oil disruption involving heavy oil.

Confirmation of Political Appointees
Confirmation of Political Appointees

Author: Gene L. Dodaro

Publisher: DIANE Publishing

Published: 2009-05

Total Pages: 155

ISBN-13: 1437911676

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U.S. gov¿t. agencies need to strengthen basic mgmt. capabilities to successfully address current and emerging demands. The incoming admin. will face challenges in implementing its policy and program agendas because of shortcomings in agencies' mgmt. capabilities. Building and developing the institutional capacity to meet these challenges will require appointing the right people to the right positions. This report includes questions for each of 28 major exec. branch depts. and agencies, and one for each of the following 7 major governmentwide mgmt. areas: acquisition mgmt.; collaboration; financial mgmt.; human capital mgmt.; info. and technology mgmt.; results-oriented decision making, and; real property mgmt. and security. Illustrations.