Petroleum must become a more efficiently used commodity while alternative energy sources are developed, but it will remain in high demand as long as the world wide availability is assured, regardless of the influence of the O.P.E.C. nations. The availability of petroleum on a country-by-country survey shows clearly that there are large known recoverable reserves as well as large potential for discovering added reserves. However, the highly industrialized nations do not have adequate petroleum supplies and this will probably not change as long as petroleum remains as the primary energy source.
Eyer, J. A., "World Oil Supplies and the Next 25 Years" (1976). UMR-MEC Conference on Energy / UMR-DNR Conference on Energy. 104, pp. 20-30.
3rd Annual UMR-MEC Conference on Energy (1976: Oct. 12-14, Rolla, MO)
Article - Conference proceedings
© 1977 University of Missouri--Rolla, All rights reserved.
12 Oct 1976