Unresolved issues remain concerning U. S. participation in the International Energy Agency

Technical Report · Tue Sep 08 04:00:00 EDT 1981

OSTI ID:5491679

The International Energy Agency (IEA), established in 1974 and composed of 21 oil consuming countries, is a multilateral organization designed to facilitate responses to short-term energy disruptions and long-term supply problems. IEA's Emergency Sharing System is the mechanism available to respond primarily to short-term supply interruptions. As IEA's principal proponent, the United States contributed 25 percent ($2.45 million) of the agency's budget for fiscal year 1981. The IEA serves as an energy policy coordinating forum for consuming nations. It has improved member countries' understanding of the oil market and provided them with a better sense of what needs to be done on an international and national level during a period of continuous supply uncertainty. The IEA's success in a rapidly changing market environment depends greatly on the willingness of participating countries to support its basic objectives of (1) sharing supplies in an emergency, (2) developing a comprehensive oil market information system, (3) establishing a long-term cooperation program emphasizing import controls and accelerated development and use of alternative fuels, and (4) improving consumer-producer relations.

• Research Organization: General Accounting Office, Washington, DC (USA). International Div.
• OSTI ID: 5491679
• Report Number(s): AD-A-106879/0
• Country of Publication: United States
• Language: English

Related Subjects

99 GENERAL AND MISCELLANEOUS
990100* -- Management
BUDGETS
ENERGY MANAGEMENT
ENERGY POLICY
ENERGY SOURCES
FOSSIL FUELS
FUELS
GOVERNMENT POLICIES
IMPORTS
INFORMATION SYSTEMS
INTERNATIONAL ENERGY AGENCY
INTERNATIONAL ORGANIZATIONS
MANAGEMENT
MARKETING
NORTH AMERICA
OILS
ORGANIC COMPOUNDS
OTHER ORGANIC COMPOUNDS
PETROLEUM PRODUCTS
PLANNING
PUBLIC RELATIONS
USA