World oil outlook. Hearings before the Committee on Energy and Natural Resources, United States Senate, One Hundredth Congress, First Session, January 22 and March 11, 1987

Book · Thu Jan 01 04:00:00 EST 1987

OSTI ID:6449959

Dr. James E. Akins, Ambassador to Saudi Arabia, James R. Schlesinger of the Georgetown Center for Strategic and International Studies, Dr. Daniel Dreyfus of the Gas Research Institute, Dr. Scott Jones of Chase Econometrics, Inc., and Dr. John H. Lichtblau of the Petroleum Industry Research Foundation were the principal witnesses at a hearing held to review the potential for another oil crisis due to reduced domestic production and exploration and a diminished capability in both areas. Statements made by several senators reviewed the dangers of depending upon Middle East oil imports and the threat of an energy problem more serious than those of 1973 and 1979. Of primary concern was the need to retain a healthy domestic petroleum industry in the wake of fluctuating prices and restrengthening of OPEC as a cartel. Additional material submitted by Americans for Energy Independence follows the two-day testimony of the 16 witnesses.

• OSTI ID: 6449959
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
294002 -- Energy Planning & Policy-- Petroleum
DOCUMENT TYPES
ECONOMICS
ENERGY SOURCE DEVELOPMENT
ENERGY SOURCES
ENERGY SUPPLIES
EXPLORATION
FOSSIL FUELS
FUELS
HEARINGS
IMPORTS
INDUSTRY
INTERNATIONAL ORGANIZATIONS
OIL-EXPORTING COUNTRIES
OPEC
PETROLEUM
PRICES
PRODUCTION
SUPPLY DISRUPTION