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129151 1 (1986-02-19)

handle is hein.gao/gaobactpk0001 and id is 1 raw text is: 


              UNITED STATES GENERAL ACCOUNTING OFFICE

                         WASHINGTON, D.C.

                                           FOR RELEASE ON DELIVERY

                                           EXPECTED AT 2:00 P.M.
    129151
                                           FEBRUARY 19,  1986

                           STATEMENT OF

                           J. DEXTER PEACH

 DIRECTOR, RESOURCES, COMMUNITY, AND ECONOMIC DEVELOPMENT DIVISION

                            BEFORE THE

           SUBCOMMITTEE ON ENERGY CONSERVATION AND POWER

              HOUSE COMMITTEE ON ENERGY AND COMMERCE

                                ON

           THE U.S. URANIUM ENRICHMENT SERVICES PROGRAM

     Mr. Chairman and members of the Subcommittee, we appreciate

this .opportunity to present our views on the status of the U.S.

uranium enrichment program.  At your request, we previously

provided you with a copy of testimony that we prepared for the

December 11, 1985, hearing which was postponed until today.  I

request that our earlier statement also be included in the hearing

record.

     Our earlier testimony emphasized our consistent position  in

recent years that the Congress and the executive branch need  to

reevaluate the basic purpose and structure of the enrichment

program.  We believe any reevaluation must include

     --defining program objectives that take into account the

       realities of the enrichment market place,

     --examining alternatives to full-cost-recovery pricing that

       provide the Department of Energy  (DOE) greater flexibility

       to compete in today's environment, and

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