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- W2257253036 abstract "DOE's draft report Performance Profiles of the Major Energy Producers, 1977 shows the decline of US oil producers in the international scene. An examination of where US producers are putting their exploration and development money indicates that the US will ultimately participate in Third World oil as a customer only. Twenty-six companies were surveyed for the report, which reviews investment practices and profits, comparing the oil companies favorably with other kinds of industry. The 26 are shown to be drilling the most-expensive, high-risk exploratory wells. Foreign production of crude oil and gas is now the most profitable activity, followed by domestic refining and marketing and by domestic crude oil and gas production. (DCK)" @default.
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- W2257253036 date "1980-01-28" @default.
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- W2257253036 title "Decline of the majors" @default.
- W2257253036 hasPublicationYear "1980" @default.
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