Petroleum Independent articles from February 1992

Petroleum Independent archives from February 1992

Sinking in a sea of imported oil. (U.S. dependence on foreign oil) (Editorial)
February 1, 1992... Last year independent producers spent billions of dollars in 33 states for exploration and development--despite huge federal tax barriers, historically low drilling activity, and natural gas prices back where they were 15 years ago. U.S....

Ames, Bode give reporters state of the industry speech. (Independent Petroleum Association of America Chairman Gene Ames Jr. and President Denise Bode; petroleum industry)
February 1, 1992... The U.S. domestic oil and gas industry is in a meltdown, drilling has stopped, domestic U.S. oil production has declined almost two million barrels per day since 1986. So said IPAA Chairman Gene Ames Jr. in his remarks Jan. 28 as a "Morning...

Oil imports: the bankrupting of America. (includes related article) (Industry Overview)
February 1, 1992... Editor's Note--Last October the Office of Technology Assessment (OTA), a research arm of Congress, released a study examining the changes that have taken place in world oil markets and the U.S. economy since 1984. The report, U.S. Oil Import...

The big squeeze: presidential politics and legislative agendas. (energy policy legislation) (Industry Overview)
February 1, 1992... Presidential election years are tough for Congress. Partisanship is always a problem, especially when dealing with a legislative agenda that must be squeezed to make room for the summer nominating conventions. The lingering recession has...

Independents urge Forest Service action. (Independent Petroleum Association of America; oil and gas leases in US Forest Service lands)
February 1, 1992... The IPAA Public Lands Committee has received a commitment to revitalize domestic producers' lobbying agenda from association President Denise Bode. Mark Seifert, vice president for Regulatory Affairs, has assumed duties of staff secretary and is...

Job losses hasten energy collapse. (oil and natural gas industries)
February 1, 1992... Everyone associated with the oil and natural gas business is painfully aware of the severe employment cut-backs in the last decade. Thousands have been left out of work in nearly every segment of the industry, including service and supply...