REVIEW ON EIC SUBCOMMITTEE ON PETROLEUM:

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00283R000200090011-5
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 3
• Document Creation Date: December 9, 2016
• Document Release Date: July 21, 1998
• Sequence Number: 11
• Publication Date: September 24, 1959
• Content Type: REPORT

Approved For Release 2001/03/05: CIA-RDP82-00283R000200090011-5
I-W
Approved For Release 2001/03/05: CIA-RDP82-00283R000200090011-5
 Approved For Release 2001/03/05: CIA-RDP82-00283R000200090011-5
EIC-M-83
24 September 1959
25X1A9a
REVIEW OF EIC SUBCOMMITTEE ON PETROLEUM:
7. Discussion: Executive Secretary of the
Petroleum Subcommittee, reported that the Subcommittee meets on
a bimonthly basis and functions actively in its role of reviewing,
coordinating, and furthering economic intelligence research in the
field of petroleum. It also provides a valuable medium for the ex-
change of ideas and information of mutual interest to the members
of the intelligence community. The activities of the Subcommittee
for Fiscal Year 1959 have included: support to the USIB Committee
on Exchanges in petroleum and liquified natural gas; preparation
of surveys of priority research deficiencies, preparation of surveys
of priority collection deficiencies, review of research projects,
production.of coordinated intelligence reports (Sing-Soviet Bloc
Military Consumption of Petroleum Products) and production of.
agreed basic statistics for 1958. These activities will be continued
in the next fiscal year, and it is anticipated that the program of re -
view of substantive papers will be given broader coverage for Fiscal
Year 1960, particularly with respect to China.
8. Action: The Chairman noted that the Petroleum Subcommittee
is one oore active within the EIC, The State Department mem-
ber of the EIC, Mrs. Whitnack, stated that in surveying the users in
the Department of State, she had found that the work of the Petroleum
Subcommittee was considered the most valuable of any of the subcom-
mittees and that she had been asked to compliment the Subcommittee
for its work.
Approved For Release 2001/03/05: CIA-RDP82-00283R000200090011-5
 Approved For Release,2001/03/0b 1J &2-00283WO0200090011-5
EIC SUBCOMMITTEE ON PETROLEUM
Chairman: ?35 .L&9Wood, Army
Executive Secretary: CIA
Agencies on SC: State, Army, Navy, Air Force,
NSA, CIA, Interior, ICA
I. Activities during FY 1959 (met 5 times)
A - Research and Collection Deficiencies -- Reviewed Research
Deficiencies and also 5 ORGI's in their field.
B - Reviewed formally one CIA/ORR paper and informally
discussed another CIA paper, 1 Army paper, and 1 joint
paper by OCDM, Commerce, Defense, Interior, and State.
C - Maintained agreed basic statistics series
D - Responded to requests of USIB Committee on Exchanges
for evaluations and information with respect to proposed
exchanges in fields of liquified natural gas.
III. Program for FY 1960
A - Revision of Priority Deficiencies in Research and prepare
statements of Deficiencies in Collection.
B - Continue review of substantive papers, development of
agreed basic statistics, and publish working paper of
Sino-Soviet Bloc Military Consumption of Petroleum
Products for 1958 - 1959.
Approved For Release 2001/03/05 : CA$Q ,-82-00283R000200090011-5