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The AAPG/Datapages Combined Publications Database

AAPG Bulletin


Volume: 55 (1971)

Issue: 9. (September)

First Page: 1688

Last Page: 1688

Title: Problems of Natural Gas Supply: ABSTRACT

Author(s): B. E. Harrell

Article Type: Meeting abstract


Since 1968 the United States has produced more gas than it discovered. This trend will continue as more heavy industry turns to natural gas and away from other fossil fuels in efforts to stem air pollution. New and proved reserves in Alaska are far from the marketing stage. The decline in drilling, to a 28-year low in April 1970, has been the result of 17 years of unnatural price ceilings on natural gas and, more recently, of the reduction in 1969 in the depletion allowance. However, current pricing trends by the Federal Power Commission, and incentives by pipeline companies and funds, now make deep wildcatting in the Anadarko basin and elsewhere very attractive.

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Copyright 1997 American Association of Petroleum Geologists