Show Oil director speaks on import problems uncertainty of our crude oil imports is the biggest problem we face in the current energy said Gerald W. executive Intermountain Oil Marketers Association Tuesday at the Vernal Area Chamber of Commerce board must increase domestic crude oil The government can't solve our crude oil import because sometimes I think they are the One-half of our crude oil now comes from foreign During the oil short period in 1973 and 1974 only one-third our oil was This shows that things have been getting as far as our dependency on imported said Crude oil in 1972 sold for per Today we get per barrel on oil discovered prior to 1972 and for oil discovered after 1972 and the OPEC nations get per This is not the speaker pointed Panic buying caused the California gas shortage this Instead of cutting the pie smaller we must make a bigger We can conserve and travel but we must still explore for more We must develop synthetic fuels such as oil shale and coal concluded |