Watching Government: Immediate impact

05/28/2001
Improving oil market data may not appear to be one of the burning energy issues before Congress or the White House, but maybe it should be. Absent from the headlines on the White House's recently released Na- tional Energy Policy (NEP) recommendations (see related articles, pp. 20-21) is a proposal to direct the Secretary of Energy to work with producer and consumer-country allies and the International Energy Agency "to craft a more comprehensive and timely world oil data reporting system."According to one of the NEP recommendations, the US must work with oil producers to improve the timeliness and accuracy of the data that guide global oil markets. "A lack of timely and accurate data...
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