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Title: Venezuela near doubles proven reserves. 2. US protectionism and the geopolitics of petro-geology

Journal Article · · Energy Detente; (United States)
OSTI ID:7048578

This issue honors the late Dan Lundberg, founder and former publisher of Energy Detente (ED). Mr. Lundberg founded ED a few months after his first visit to Venezuela in December 1979 and attending his first OPEC meeting. His acute awareness of factors affecting crises in oil markets was combined permanently in the publication founded in 1980, and it was designed from the very first to illuminate Western hemisphere and especially still-undeveloped hydrocarbon resources. Two unrelated events are treated as very much related in this issue: (A) The USA National Petroleum Council released Factors Affecting US Oil and Gas Outlook. (B) Almost simultaneously Petroleos de Venezuela, the national oil company of Venezuela released its new proven oil figures, close to 90% higher, at 55.5 billion barrels. The possible importance to US foreign policy is discussed. This issue of ED also contains: (1) ED refining netback data for the US Gulf and West Coasts, Rotterdam, and Singapore for mid March 1987; and (2) the ED fuel price/tax series March 1987 edition for countries of the Western Hemisphere. 8 figures, 6 tables.

OSTI ID:
7048578
Journal Information:
Energy Detente; (United States), Vol. 8:4
Country of Publication:
United States
Language:
English