HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.
![handle is hein.gao/gaobabbdr0001 and id is 1 raw text is:
NESTRICTED -n to e renied cut-
by the Office of Coll ir Pi .i ] So
B-200355 SEPTEMBER 23, 1980
The Honorable Henry M. Jackson
Chairman, Energy and Natural
Resources CommitteeIIII111
United States Senate 113618
The Honorable Harley 0. Staggers
Chairman, Interstate and
Foreign Commerce Committee
House of Representatives
Subject: satus of Strategic Petroleum Reserve
Activities (EMD-80-127)
Your letter of July 23, 1980, signed jointly by members
of the Senate Energy and Natural Resources Committee and the
House Committee on Interstate and Foreign Commerce (see
enc. II), requested us to report monthly to both committees
on/the administration's activities to implement title VIII of
the Energy Security Act. Title VIII requires the President
to resume filling the Strategic Petroleum Reserve (SPR) at
an average rate of at least 100,000 barrels per day for
fiscal year 1981 and succeeding years. Title VIII also
requires the President, within 60 days of enactment, to amend
the Department of Energy's (DOE's) crude oil entitlements
program so that the Government in effect pays lower tier
prices for SPR crude oil. This amendment would remain in
effect until September 30, 1981, the scheduled date for
decontrol of domestic crude oil prices and the anticipated
end of the entitlements program.,
This letter is the first in a series of monthly status
reports on DOE's activities in response to title VIII of the
act. 'Enclosure I discusses these activities. In view of the
time constraints involved, this report is informational in
nature and covers actions taken between June 30, 1980, and
September 5, 1980. It is based on interviews with officials
in DOE, the Defense Fuel Supply Center, and the Office of
Management and Budget, and on publications, studies and DOE
program documents related to the SPR.
This report does not evaluate the reasonableness of the
positions and actions taken by DOE or the underlying evidence
for them. We plan to evaluate their reasonableness in future
reports.
(306258)](ViewImageLocal?handle=hein.gao/gaobabbdr0001&div=1&collection=&method=preview&ext=.png&size=3)