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117801 1 (1982-03-16)

handle is hein.gao/gaobacsua0001 and id is 1 raw text is: 






              UNITED STATES GENERAL ACCOUNTING OFFICE
                      WASHINGTON, D.C.  20548


                                           FOR RELEASE ON DELIVERY
                                           EXPECTED AT 10:30 A.M.
                                           TUESDAY, MARCH 16, 1982
   117801
                           STATEMENT  OF
                    J. DEXTER  PEACH, DIRECTOR
                  ENERGY AND MINERALS  DIVISION
                             BEFORE THE
          SUBCOMMITTEE CN ENERGY AND  MINERAL RESOURCES
                              OF THE
        SENATE COMMITTEE ON ENERGY AND NATURAL  RESOURCES
                                ON
                 THE STRATEGIC PETROLEUM  RESERVE,


Mr. Chairman and Members of the Subcommittee:

     We welcome the opportunity to discuss GAO'S  work on the

Strategic Petroleum Reserve  (SPR) program. We have  had a continuing

interest in the SPR for quite some time and have  issued numerous

reports which addressed the progress and problems  associated with

its development.  Ky testimony will focus on  issues concerning

     --the size of the SPR,

     --capacity constraints, and

     --oil quality.

These issues are covered in more detail  in our December 1981

report 1/ on the SPR.

     To place the specific SPR issues in perspective, I would  like

to briefly discuss GAO's recent work regarding energy emergency

preparedness at the Federal level., In September 1981, we  issued a




l/Strategic Petroleum Reserve:  Substantial Progress Made, But
  Capacity and Oil Quality Concerns Remain  (EMD-82-19, Dec. 31,
  1981).


                        2, c   3


.Ile, *

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