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Title: Naval petroleum reserves

Book ·
OSTI ID:7084956

A hearing to consider two bills (S. 1744 and H.R. 3023) authorizing appropriations to operate the Naval Petroleum Reserve during fiscal 1982 brought testimony from officials of the Departments of Energy and Defense; from Chevron, USA; and from the Independent Refiners Association. Both bills authorize $228,463,000, of which $2.56 million will be available for the naval oil shale reserves and the remainder for the naval petroleum reserves. Chevron spokesmen noted that 8-11 months were required to reach full production at the Elk Hills site rather than the 60-90 days estimated by DOE, although both Chevron and the Independent Refiners Association of the west coast support the President's decision that it is in the national interest to continue the production of crude from naval petroleum reserves for the next three years.

OSTI ID:
7084956
Country of Publication:
United States
Language:
English