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The AAPG/Datapages Combined Publications Database
Houston Geological Society Bulletin
Abstract
Abstract: New Opportunities
for the Domestic Oil Business
By
After many years of lessened prices for oil and natural gas, abrupt
increases in the world price of oil and the sheer unavailability of
natural gas combine to create an opportunity for the domestic oil industry
to enter a new period of prosperity, while performing a signal
service to the nation. With a new price structure, land men, geologists
and geophysicists can substantially increase U. S. oil and gas
production. Specific applications in several onshore and offshore
provinces are reviewed.
Though total domestic self-sufficiency in oil and natural gas is unlikely,
the picture is not nearly so bleak as purveyors of gloom and
doom would have one believe.
As professionals we need to quit crying, to stand tall, look proud
and do what we know how to do. End_of_Record - Last_Page 2---------------