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Analysis of Domestic Oil Production Possibilities for Meeting National Energy Goals

EMD-78-5 Published: Oct 14, 1977. Publicly Released: Oct 14, 1977.
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Highlights

One of the goals of the Administration's National Energy Plan (NEP) was to reduce oil imports to 6 million barrels per day (MMB/D) by 1985. In a previous report, GAO concluded that oil imports would more likely be about 10.3 MMB/D in 1985 because of overly optimistic Administration projections of energy supplies from other sources. The Administration also projected 10.6 MMB/D for domestic oil production.

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Agency missionsDomestic crude oilEnergy suppliesOil importingOil resourcesPetroleum industryProjectionsOil importsOil productionCrude oil