Project Independence: Desirable but Uncertain

The American Institute of Mining, Metallurgical, and Petroleum Engineers

Eugene Guccione

Organization:: The American Institute of Mining, Metallurgical, and Petroleum Engineers
Pages:: 6
File Size:: 475 KB
Publication Date:: Jan 5, 1975

Abstract

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For at least 10 years, various industry people had warned about the alarming decline in the nation's oil and gas reserves. Then, in October 1973, the Organization of Petroleum Exporting Countries launched an oil embargo and sharply increased crude oil prices. Suddenly, everybody discovered the "energy crisis." In November 1973, former President Nixon advocated a Project Independence program so that ". . . by 1980 we shall be able to meet America's energy needs from America's own energy resources."

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APA: Eugene Guccione (1975) Project Independence: Desirable but Uncertain

MLA: Eugene Guccione Project Independence: Desirable but Uncertain. The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1975.

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