United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office Accounting and Information Management Division author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 1999-05-19 monographic deposited born digital 51 p. GA 1.13:AIMD-99-162 https://www.govinfo.gov/app/details/GAOREPORTS-AIMD-99-162 P0b002ee18038763d f:ai99162 DGPO 2010-08-12 2011-03-24 GAOREPORTS-AIMD-99-162 machine generated eng fdlp REPORT GAOREPORTS-AIMD-99-162 AIMD-99-162 Y2K Petroleum industry Oil importing Computer security Embedded computer systems Systems conversions Computer software verification and validation Information resources management Strategic information systems planning Y2K Letter Report AIMD I99162 Pursuant to a congressional request, GAO identified the oil and gas power industries' vulnerability to year 2000 problems and the reported status of their year 2000 readiness. GAO noted that: (1) all phases of operations in the oil and gas industries--from production to distribution--use computer systems and equipment that are subject to year 2000 failures; (2) while the domestic oil and gas industries have reported that they have made substantial progress in making their equipment and systems ready to continue operations into the year 2000, risks remain; (3) in February 1999, following an industrywide survey, the nation's oil and gas industries reported that, on average, they were 40 percent finished validating their embedded systems; (4) however, over a quarter of the oil and gas industries reported that they did not expect to be year 2000 ready until the second half of 1999--leaving little time for resolving unexpected problems; (5) because over half of the nation's oil is imported, the nation is vulnerable to year 2000 failures of oil production and transportation in other countries; (6) however, little is known about the year 2000 readiness of foreign oil supplies; (7) the President's Council on Year 2000 Conversion's Oil and Gas Working Group has appointed a subgroup to collect year 2000 readiness information on foreign oil suppliers; however, the group has no plans to issue a country-by-country assessment; and (8) while individual domestic companies reported that they are developing year 2000 contingency plans, there are no plans to perform a national-level risk assessment and develop contingency plans to deal with potential shortages or disruptions in the nation's overall oil and gas supply. https://www.govinfo.gov/content/pkg/GAOREPORTS-AIMD-99-162/html/GAOREPORTS-AIMD-99-162.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-AIMD-99-162/pdf/GAOREPORTS-AIMD-99-162.pdf GAO/AIMD-99-162 https://www.govinfo.gov/app/details/GAOREPORTS-AIMD-99-162 Letter Report GAO/AIMD-99-162; Year 2000 Computing Crisis: Readiness of the Oil and Gas; Y2K Petroleum industry Oil importing Computer security Embedded computer systems Systems conversions Computer software verification and validation Information resources management Strategic information systems planning Y2K