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Article: In the world of energy, Soviet Union overtaking United States in production.
- Article from:
- The Oil Daily
- Article date:
- August 19, 1987
- Author:
CopyrightCOPYRIGHT 1987 Energy Intelligence Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In the World Of Energy, Soviet Union Overtaking United States in Production
SUMILTANEOUS WITH the steep decline in U.S. oil production in the past two years, the Soviet Union has reversed the decline in its oil production and seems well on the way to overtaking the United States in primary energy production.
In fact, when 1987 statistics are known, they may well confirm that the United States is already second to the Soviets in energy production. Texas and Oklahoma after all, have just projected that 1987 will show the lowest annual oil production in those two states since World War II with Texas production actually expected to fall below 2 million barrels ...