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Naval petroleum reserves: Sales procedures and prices received for Elk Hills oil

Technical Report ·
OSTI ID:5991113
The Congress expressed concern about the Department of Energy's actions in selling oil from the Elk Hills Naval Petroleum Reserve at what appeared to be unreasonably low prices. DOE officials believe that Naval Petroleum Reserve oil has been and is currently being produced at the appropriate rate and that no recoverable oil has been lost. This fact sheet provides information on the basis for the procedures followed by DOE in selling Naval Petroleum Reserve oil and sales data for the period extending from October 1985 through April 1986.
Research Organization:
General Accounting Office, Washington, DC (USA)
OSTI ID:
5991113
Report Number(s):
GAO/RCED-86-163FS
Country of Publication:
United States
Language:
English

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Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
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& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
294002 -- Energy Planning & Policy-- Petroleum
ADMINISTRATIVE PROCEDURES
BUSINESS
ENERGY SOURCES
FOSSIL FUELS
FUELS
GEOLOGIC DEPOSITS
INVENTORIES
MANAGEMENT
MINERAL RESOURCES
NATIONAL ORGANIZATIONS
NAVAL PETROLEUM RESERVE
PETROLEUM
PETROLEUM DEPOSITS
PRICES
PROCUREMENT
RESERVES
RESOURCES
SALES
STANDARDS
US DOE
US ORGANIZATIONS