Analysis of Current Trends in U.S. Petroleum and Natural Gas Production

摘要

Given the realities of the U.S. resource base, it appears that U.S. petroleum and natural gas production will decline steadily through the 1980s, but could be stabilized in the 1990s provided there is reasonable success in new enhanced oil recovery techniques as well as frontier exploration activities. Failure to develop the frontier areas would result in continued declines in U.S. production through the 1990s.