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Critical choice. [Criticism of Federal policy since 1973 oil embargo]

Journal Article · · Marathon World; (United States)
OSTI ID:5897866
The author criticizes Federal energy policy which has resulted in an increased dependence on imported oil since the 1973 Arab oil embargo. Because of price controls, he alleges, domestic oil companies are not receiving the replacement value of their oil and are, therefore, drawing down their petroleum reserves instead of exploring for new oil. The new oil will be more expensive, requiring enhanced-recovery methods. Marathon Oil Company's Maraflood oil recovery process, briefly described here, is one of the new methods in enhanced-oil-recovery technology.
OSTI ID:
5897866
Journal Information:
Marathon World; (United States), Journal Name: Marathon World; (United States) Vol. 16:1; ISSN MARWA
Country of Publication:
United States
Language:
English