Status Of U S Participation In The International Energy Agencys Emergency Sharing System

Author : United States. General Accounting Office
Publisher :
ISBN 13 :
Total Pages : 116 pages
Book Rating : 4.47/5 ( download)

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Download or read book Status of U.S. Participation in the International Energy Agency's Emergency Sharing System written by United States. General Accounting Office and published by . This book was released on 1985 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : United States Accounting Office (GAO)
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781719384544
Total Pages : 116 pages
Book Rating : 4.41/5 ( download)

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Download or read book Status of U. S. Participation in the International Energy Agency's Emergency Sharing System written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-05-21 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: Status of U.S. Participation in the International Energy Agency's Emergency Sharing System

Author : United States. General Accounting Office
Publisher :
ISBN 13 :
Total Pages : 97 pages
Book Rating : 4.30/5 ( download)

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Download or read book Status of U.S. Participation in the International Energy Agency's Emergency Sharing System written by United States. General Accounting Office and published by . This book was released on 1985 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pursuant to a congressional request, GAO reviewed the International Energy Agency's (IEA) Emergency Sharing System and the effectiveness of U.S. participation in that system. Under the system, IEA member countries agree to: (1) establish demand restraint measures for reducing their oil demand at least 7 percent during a serious supply disruption; (2) maintain emergency oil reserves equal to 90 days of net imports; and (3) in a supply disruption equal to or exceeding 7 percent, share oil supplies under an IEA allocation system. GAO found that progress has been made in addressing the workability problems that it reported on several years ago; however, GAO found that some problems and uncertainties continue to exist. To meet their demand restraint commitment to IEA, member countries use a number of approaches and rely on market forces to increase prices and reduce demand. The United States relies primarily on these market forces and supplements its plan with use of the Strategic Petroleum Reserve. Although the aggregate of IEA oil stocks well exceeds the 90-day limit, the actual amount of emergency oil reserves readily available in an emergency is not clear because the IEA definition of the reserves includes industry oil stocks which are widely varied. In addition, questions still remain concerning pricing, fair-sharing, and data reliability of the allocation system. Important authorities for U.S. participation in IEA contained in the Energy Policy and Conservation Act are due to expire in June 1985. This act authorizes the President to require oil companies to provide oil to other countries to meet U.S. allocation obligations and make available limited antitrust and breach of contract defenses to companies that participate. Without these, U.S. oil companies have said they would not voluntarily participate in the emergency sharing system which other countries may view as a lack of commitment. This voluntary participation is considered vital to the successful operation of the IEA system.

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ISBN 13 :
Total Pages : pages
Book Rating : 4.79/5 ( download)

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Download or read book U.S. Participation in the International Energy Agency's Fourth Emergency Sharing System Test written by and published by . This book was released on 1983 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : U S Government Accountability Office (G
Publisher : BiblioGov
ISBN 13 : 9781289240387
Total Pages : 120 pages
Book Rating : 4.88/5 ( download)

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Download or read book International Affairs written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-07 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Government Accountability Office (GAO) is an independent agency that works for Congress. The GAO watches over Congress, and investigates how the federal government spends taxpayers dollars. The Comptroller General of the United States is the leader of the GAO, and is appointed to a 15-year term by the U.S. President. The GAO wants to support Congress, while at the same time doing right by the citizens of the United States. They audit, investigate, perform analyses, issue legal decisions and report anything that the government is doing. This is one of their reports.

Author : United States Accounting Office (GAO)
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781719401845
Total Pages : 32 pages
Book Rating : 4.45/5 ( download)

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Download or read book U. S. Participation in the International Energy Agency's Fourth Emergency Sharing System Test written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-05-21 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: U.S. Participation in the International Energy Agency's Fourth Emergency Sharing System Test

Author :
Publisher :
ISBN 13 :
Total Pages : 144 pages
Book Rating : 4.64/5 ( download)

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Download or read book Unresolved Issues Remain Concerning U.S. Participation in the International Energy Agency written by and published by . This book was released on 1981 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : United States General Accounting of Gao
Publisher :
ISBN 13 : 9781090551573
Total Pages : 34 pages
Book Rating : 4.76/5 ( download)

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Download or read book U.S. Participation in the International Energy Agency's Fourth Emergency Sharing System Test written by United States General Accounting of Gao and published by . This book was released on 2019-03-17 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: U.S. Participation in the International Energy Agency's Fourth Emergency Sharing System Test

Author : United States. General Accounting Office
Publisher :
ISBN 13 :
Total Pages : 84 pages
Book Rating : 4.81/5 ( download)

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Download or read book International Energy Agency written by United States. General Accounting Office and published by . This book was released on 1987 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : United States. Congress. House. Committee on Government Operations. Environment, Energy, and Natural Resources Subcommittee
Publisher :
ISBN 13 :
Total Pages : 516 pages
Book Rating : 4.62/5 ( download)

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Download or read book Department of Energy's Participation in the International Energy Agency's Recent Worldwide Oil-sharing Test (allocation Systems Test--AST-4) written by United States. Congress. House. Committee on Government Operations. Environment, Energy, and Natural Resources Subcommittee and published by . This book was released on 1984 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: