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EMD-80-95 1 (1980-08-21)

handle is hein.gao/gaobabaxw0001 and id is 1 raw text is: 


Y 1. 1[t (OFNE RAL ACCOUNTING OFFICE



Report To The Secretary Of Energy






The Department Of Energy Could Make

Better Use Of Existing Data To Monitor

The Crude Oil Spot Market



The Department of' Energy has four systems,
two formal and two informal, which collect
information on U.S. oil company involve-
menit in the international crude oil market,
including the spot market. Improved informa-
tion sharing between the offices using the
systems, along with minor changes in the
systerrms themselves, would result in better
quality and  more timely information used
within the Department for monitoring and
analyzing the spot market. It would also sup-
port the U.S. proposal to the International
Energy Agency to improve the timeliness of
its monitoring of the international petroleum
market.













                  1)                                   113120







                                                            AUGUST 21, 1980

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