Petroleum consumption in the world has doubled during the 1 %O's and is likely to double again in the period from 1970-1980. To meet these projected demands, nations will increasingly tum toward the last largely untapped reservoirs of oil and gas, the oceans. In the United States-the major oil producer among the large nonCommunist industrial countries-new additions to proved onshore reserves are no longer the result of newly discovered fields but are instead caused by improved recovery techniques for already producing wells.
Franssen, Herman T.
"Oil and Gas in the Oceans,"
Naval War College Review: Vol. 27
, Article 7.
Available at: http://digital-commons.usnwc.edu/nwc-review/vol27/iss3/7