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Article: Mitchell says United States on verge of surrendering energy independence. (George P. Mitchell)
- Article from:
- PR Newswire
- Article date:
- February 22, 1989
CopyrightCOPYRIGHT 1989 PR Newswire Association LLC. 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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MITCHELL SAYS UNITED STATES ON VERGE
OF SURRENDERING ENERGY INDEPENDENCE
THE WOODLANDS, Texas, Feb. 22 /PRNewswire/ -- Citing statistics indicating that America imported more oil in January than it produced, Houston oilman George P. Mitchell today warned that, unless Washington acts soon to reverse present trends, "1989 could go down in history as the year we surrendered our energy independence.
"As the United States continues to increase it reliance on cheap foreign oil, the nation's ability to find and produce energy is being dangerously impaired," said Mitchell, chairman and president of Mitchell Energy & Development Corp. ...