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America's Looming Energy Crisis: The Causes

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Publication Date: April 1987

Publisher(s): Heritage Foundation (Washington, D.C.)

Author(s): Milton R. Copulos

Topic: Energy (Petroleum industry)

Keywords: Energy and environment

Type: Report

Abstract:

As world energy prices have fallen, the United States has been increasing its imports of foreign oil and reducing its efforts to discover new domestic supplies. This could be bad news for Americans. According to the report of the Reagan Administration's high-level task force on energy and national security re1eased)ast month, America is once again falling into a perilous dependence on imported oil.