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114024 1 (1980-10-02)

handle is hein.gao/gaobadypu0001 and id is 1 raw text is:                                                             _ 4 __ -   




            UNITED STATES GENERAL ACCOUNTING OFFICE
                    WASHINGTON, D.C. 20548

                                   FOR RELEASE ON DELIVERY
                                   Expected at 10:30 AM
                                   Thursday, October 2, 1980

                        STATEMENT OF
                        F. KEVIN BOLAND
               ASSOCIATE DIRECTOR, SENIOR LEVEL
                 ENERGY AND MINERALS DIVISION
                          BEFORE THE
                 CALIFORNIA ENERGY COMMISSION
                             ON
                                    ON                    114024
                     FOAL LIQUEFACTIONJ
Mr. Commissioner and Members of the Commission:

     We welcome the opportunity to contribute to your hearings

on synthetic fuels by presenting our views on coal liquefaction.

These views are based on our August 12, 1980, report to the

Congress, Liquefying Coal for Future Energy Needs.

     As you know, on June 30, 1980, the President signed into

law the Energy Security Act, which establishes a Synthetic
                      I/
Fuels Corporation: The Corporatiorijs authorized to provide

financial incentives for the development of 500,000 barrels a

day by 1987 and 2 million barrels a day by 1992 of substitutes

for imported oil from domestic sources. One substitute which

will be expected to contribute to these goals is coal

liquefaction.

     Coal liquefaction is the conversion of coal to a clean-

burning, low-sulfur-content fuel. This technology can aug-

ment petroleum-derived products such as gasoline and boiler

fuels and consequently help meet a requirement for large

supplies of liquid fuel....'







                                  C/3Q ci1

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