Skip to main content
U.S. Department of Energy
Office of Scientific and Technical Information

Capital investments of the world petroleum industry, 1980. [Booklet]

Book ·
OSTI ID:5112596

The non-Communist petroleum industry increased its capital and exploration expenditures 30% in 1980 for a record $113.2 billion due to price decontrol in the US and national security and balance-of-payments concerns in the rest of the world. A breakdown of these expenditures by geographic area and function shows that the US spend $42.9 billion of the capital. Production accounted for $66.9 billion of world expenditures, with the US spending $33.1 billion on production. Five comparison tables appear in the appendix. 5 figures. (DCK)

OSTI ID:
5112596
Country of Publication:
United States
Language:
English