Monitoring and collecting oil overcharge receivables

Technical Report · Tue Nov 28 04:00:00 EST 1989

OSTI ID:5340244

The Emergency Petroleum Allocation Act of 1973 gave the Department of Energy (DOE) and its predecessor agencies authority to investigate petroleum pricing violations, recover overcharges, and make restitution to injured parties. As of September 30, 1988, the accounts receivable balance from oil pricing violations totaled about $2.3 billion. The purpose of this audit was to evaluate the policies and procedures followed by DOE and, in particular, the Economic Regulatory Administration (ERA) in monitoring, collecting and accounting for these oil overcharge receivables. The audit was initiated in response to a congressional inquiry into the department's monitoring and collection of oil overcharge receivables.

• Research Organization: USDOE Office of Inspector General, Washington, DC (USA). Capital Regional Office
• Sponsoring Organization: DOE/MA
• OSTI ID: 5340244
• Report Number(s): DOE/IG-0274; ON: TI90005013
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700 -- Petroleum-- Economics
Industrial
& Business Aspects
021000* -- Petroleum-- Legislation & Regulations
ACCOUNTABILITY
AUDITS
DATA PROCESSING
ECONOMIC ANALYSIS
ECONOMIC POLICY
ECONOMICS
ENFORCEMENT
GOVERNMENT POLICIES
INDUSTRY
INFORMATION VALIDATION
INSPECTION
LEGAL ASPECTS
MANAGEMENT
MONITORING
NATIONAL ORGANIZATIONS
PETROLEUM INDUSTRY
PLANNING
PRICING REGULATIONS
PROCESSING
PROGRAM MANAGEMENT
RECOMMENDATIONS
REGULATIONS
RISK ASSESSMENT
STANDARDS
TASK SCHEDULING
TESTING
US DOE
US DOE INSPECTOR GENERAL
US ORGANIZATIONS
VALIDATION
VIOLATIONS