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120391 1 (1982-02-02)

handle is hein.gao/gaobacvef0001 and id is 1 raw text is: 






                                                           120391
             UNITED STATES GENERAL ACCOUNTING OFFICE
                         WASHINGTON, D.C.

                                         FOR RELEASE ON DELIVERY
                                         TUESDAY, FEBRUARY 2, 1982

                           STATEMENT OF
                        DONALD Z. FORCIER
                      SENIOR GROUP DIRECTOR
                   ENERGY AND MINERALS DIVISION
                            BEFORE THE
              JOINT COMMITTEE ON THE STATF'S ECONOMY
                     CALIFORNIA LEGISLATUPE
                                ON
          FEDERAL PREPAREDNESS FOR OIL IMPOPT DISRUPTIONS


     Mr. Chairman, I appreciate the opportunity to testify on the


the Federal Government's Preparedness for Oil Import Disruptions.


The General Accounting Office (GAO) has examined different aspects


of this subject on numerous occasions since the Arab Oil Embaroo


of 1973-74.  Most recently, this past September GAO issued a


report 1/ to the Congress which concluded that:


     First, the U.S. Government is almost totally unprepared to


deal with significant disruptions in oil imports.


     Second, oil import disruptions--such as the 1973 Oil Embargo


and the 1979 Iranian Oil Shortfall--pose a significant threat to


the National Security, and




1/The United States Remains Unprepared for Oil Import Disruptions
  (EMD-81-117, September 29, 1981)

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