Full Title: Testimony of Melanie A. Kenderdine before the U.S. House of Representatives Select Committee on Energy Independence and Global Warming
Author(s): Melanie A. Kenderdine
Publisher(s): U.S. House of Representatives
Publication Date: April 1, 2007
Full Text: Download Resource
Description (excerpt):
Mr. Chairman, Mr. Sensenbrenner, Members of the Committee, thank you for giving me the opportunity to testify before your committee today. Let me start by noting that I am here as the Associate Director of the MIT Energy Initiative, but in the tradition of academic freedom, the views I express today are my own. In addition to my current position at MIT, I worked at the Department of Energy from 1993 through 2001. During that time, I was the Director of the Office of Policy as well as the Senior Policy Advisor on Oil, Gas and Coal to Secretary Richardson; policy aspects of the SPR were included in my portfolio.
I have been asked to address policy issues related to the Strategic Petroleum Reserve and specifically to discuss issues surrounding the Administration’s current policy to fill the Strategic Petroleum Reserve utilizing the so-called Royalty-in-Kind or “RIK” program. This program provides a mechanism for the federal government to accept oil in lieu of federal royalty payments for industry oil production from federal lands.