The Oil Shale Corporation Loan Guarantee Contract (EMD-81-142)

Abstract

Your letter dated August 7, 1981, requested that we examine various aspects of the recently signed loan guarantee contract between The Oil Shale Corporation (hereafter referred to as Oil Shale) and the Department of Energy (DOE). (See enc. III.)Specifically, you asked us to determine (1)'whether all relevant .provisions of the Defense Production Act of 1950, as amended(DPA), which authorizes the loan guarantee, were adhered to,(2) whether the act's mandate for the President to take immediate action to achieve synthetic fuels production was fully implemented, and (3) whether, in light of the findings above, we would recommend approval of this loan guarantee. Enclosures' I and II contain the details of our findings.

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Document Details

Document Type
Technical Report
Publication Date
Sep 10, 1981
Accession Number
AD1180928

Entities

People

  • J Dexter Peach

Organizations

  • United States Government Accountability Office

Tags

DTIC Thesaurus Topics

  • Congress
  • Contracts
  • Department Of Defense
  • Diesel Fuels
  • Energy Security
  • Fuels
  • Geographic Regions
  • Government Procurement
  • Governments
  • Law
  • Materials Processing
  • National Governments
  • National Security
  • Petroleum
  • Shale Oil
  • Synthetic Fuels
  • Task Forces
  • United States
  • United States Government

Readers

  • International Relations and European Studies
  • Petroleum Engineering
  • Public Financial Management and Budgeting