Expanded drilling won't solve the energy dilemma
- Resource Type
- Journal Article
- Authors
- Source
- World Oil; (United States); 187:5
- Subject
- 29 ENERGY PLANNING, POLICY AND ECONOMY
03 NATURAL GAS
02 PETROLEUM CANADA
NATURAL GAS
PETROLEUM
RESOURCE ASSESSMENT
USA
DEMAND FACTORS
DRILLING
ECONOMIC IMPACT
ENERGY SUPPLIES
EXPLORATION
GLOBAL ASPECTS
GOVERNMENT POLICIES
IMPORTS
RESERVES
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
NORTH AMERICA
RESOURCES 294002* -- Energy Planning & Policy-- Petroleum
294003 -- Energy Planning & Policy-- Natural Gas
030100 -- Natural Gas-- Reserves-- (-1989)
020100 -- Petroleum-- Reserves-- (-1989)
- Language
- English
The author postulates that there is absolutely nothing that can be done by the domestic oil and gas industries of the United States and Canada that will have any discernible impact on the oil supply of the two countries and that the respective governments and industries should turn their attention to alternate sources, and quickly. The reason for this projection: a notable lack of major oil fields (there probably are none) with sufficient reserves to arrest the decline of current production. He discusses specific reasons for his forecast. (MCW)