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U.S. Department of Energy
Office of Scientific and Technical Information

Monthly energy review, September 1987. [Contains Glossary]

Technical Report ·
OSTI ID:5617763
Through the third quarter of 1987, the domestic energy industry continued to feel the effects of the 1986 oil price plunge. Although oil prices were up noticeably from 1986 prices, they remained well below prices recorded in the first half of the 1980's. US energy production for the first three quarters of 1987 fell to 48 quadrillion Btu, down 0.5% from the level of production during the same period of 1986. Energy consumption totaled 56 quadrillion Btu, up 1%, and a 12% increase in net imports-to-over 8 quadrillion Btu - was required to meet demand. The low price of oil tended to depress domestic oil production, which fell to 15 quadrillion Btu in the first three quarters of 1987, down almost 5% from production in the same period of 1986. Although Alaskan production reached a record high, due to increased production from recently completed projects, production in the lower 48 States declined. 43 figs., 54 tabs.
Research Organization:
USDOE Energy Information Administration, Washington, DC. Office of Energy Markets and End Use
OSTI ID:
5617763
Report Number(s):
DOE/EIA-0035(87/09); ON: DE88004124
Country of Publication:
United States
Language:
English