The authors of this book assess the prospects for production of oil and gas from U.S. domestic reserves and resources to the year 2000, using different scenarios with varying assumptions about numbers of new discoveries, size of fields, and rates of recovery. Oil production, claim the authors, will decline by at least 17 percent by the end of the c

About the Author

"Joseph P. Riva, Jr. is a geologist and specialist in earth sciences at the Congressional Research Service of the Library of Congress. He is the author of World Petroleum Resources and Reserves (Westview, 1982).
John J. Schanz, Jr. is a minerals economist and senior specialist in resource economics and policy at the CRS
John G. Ellis is research assistant with a specialty in economics and foreign trade."

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