Changing of the guard in domestic oil production
Journal Article
·
· Energy Highlights; (United States)
OSTI ID:7040628
Unless there are major new oil discoveries in the Eleventh Federal Reserve District, California and Alaska will threaten the region's domination of domestic oil production. Despite price deregulation, production has declined since 1971 because of depleting reserves and the low prospects for major discoveries. The loss of oil sales may be offset by an increase in the sale of oil field equipment to world markets. 2 figures.
- OSTI ID:
- 7040628
- Journal Information:
- Energy Highlights; (United States), Journal Name: Energy Highlights; (United States)
- Country of Publication:
- United States
- Language:
- English
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