Did taxpayers lose on deal for oil field?

By Josey Ballenger, Nathaniel Heller and Knut Royce

WASHINGTON, October 27, 2000 — "For the last eight years, I have had the challenge of running the streamlining program called 'Reinventing

Excerpts from this story referencing "NPOSR":

"… s Office of Naval Petroleum and Oil Shale Reserves. That office, known as NPOSR, was the DOE office in charge of Elk Hills; it continues to manage other p …"

"… ut much more optimistic study conducted in 1997 by Elk Hills’ operators (NPOSR and Bechtel Petroleum Operations, Inc.) put its value at potentially $5.75 …"

"… categories, and there’s a wide margin in there,” agreed Anton Dammer, NPOSR’s current director.To set a minimum acceptable sales price, DOE relied o …"

"… ed.‘Insult to injury’Adding insult to injury, according to Hinkle, the NPOSR official who remains opposed to the sale, is that Occidental is unlikely t …"