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DoD OIG — Navy Did Not Develop Processes in the Navy Enterprise Resource Planning System to Account for Military Equipment Assets

Navy Did Not Develop Processes in the Navy Enterprise Resource Planning System to Account for Military Equipment Assets (PDF)
Source: U.S. Department of Defense, Office of Inspector General

We are providing this report for your review and comment. Department of Navy Office of Financial Operations personnel did not use the Navy Enterprise Resource Planning system to support $416 billion in military equipment assets reported out of the Defense Departmental Reporting System-Audited Financial Statements. As a result, Navy officials spent $870 million to implement the Navy Enterprise Resource Planning system and still did not correct the preexisting military equipment material weakness. We considered management comments on a draft of this report when preparing the final report.

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"Balance for Oil, Imbalance for LNG?" (recorded webcast) Center for Strategic & International Studies

https://www.csis.org/events/balance-oil-imbalance-lng

"The CSIS Energy and National Security Program is pleased to host Fereidun Fesharaki, Founder and Chairman of FGE, for a presentation and discussion on the current state of global oil and gas markets, one balancing as the other appears to tip toward imbalance.

Oil markets are struggling to reach a balance, and with robust demand growth and continued OPEC cutbacks, a balance might be reached in the 2017/2018 period. LNG markets are facing a prolonged period of imbalance, perhaps through about 2023, before a balance can be reached. While many advocate new U.S. LNG projects, around 50% of the projects currently under construction have still not been sold to end users.

Dr. Fesharaki's work is recognized worldwide for pioneering oil and gas market analysis since the early 1980s. Born in Iran, he received his Ph.D. in economics from the University of Surrey in England. He then completed a visiting fellowship at Harvard University’s Center for Middle Eastern Studies. He joined the East West Center in 1979, where he led the Energy program for two decades. FGE offices are spread around the world in 8 locations with heavy emphasis on Asia and the Middle East.
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Slow motion of the WWII Sherman Easy 8 tank firing! Still a lot going on today! CW Artillery fires later today! #AHD2017 ... See MoreSee Less

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"Army Heritage Days 2017Albums" United States Army Heritage and Education Center

On Friday, May 19, 2017 we loaded in several tanks and armored vehicles! Re-enactors piled in to set up for the weekend. Come on out Sat and Sun from 9am - 5pm, IT IS FREE!!! Follow and share photos all weekend! #AHD2017
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