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098172 1 (1976-09-08)

handle is hein.gao/gaobadxro0001 and id is 1 raw text is: THE CHANGING ROLE OF THE ( GENERAL ACCOUNTING OFFICE 1 IN ENERGY INFORMATION AND DATA PROGRAMS Presented by Monte Canfield, Jr. Director, Energy and Minerals Division s- 2 U.S. General Accounting Office Before Twelfth Annual Institute LDosIII on Oil and Gas Accounting Southwestern Legal Foundation T'' : Dallas, Texas September 8, 1976 The question of adequate and credible energy data--financial and otherwise--is recurrent and deep-seated. What I will talk to you about today is drawn largely from our efforts at GAO to provide the Congress with factual information concerning the issues and options with which it must grapple. The GAO is an independent agency of the legislative branch and has traditionally been called the Congress' watchdog because of its responsibility to evaluate executive branch and regulatory agency programs. Traditionally, we have audited these programs and reported on their financial and economic efficiency. Increasingly however, we are called upon to provide the Congress with critical analyses of Governmental proposals, alternative policies, and legislative initiatives. Today I will focus on GAO efforts to improve collection, analysis, and reporting of energy data in the Federal Government; Congressional concern with the need for improved energy data 1o~1~

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