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Energy crisis deepens as Langdon warns of shrinking oil supply
Austin experts say no quick fix to the energy crunch as Railroad Commission Chairman Jim Langdon cites 10 percent shortfalls in oil demand versus discovery. Attorney General John Hill calls the crisis extremely critical and urges top national action. Langdon warns only nine million barrels a month added versus 105 million consumed, signaling potential self liquidation of TX oil and gas.
MENTIONED IN THIS ARTICLE
Austin
Railroad Commission
Jim Langdon
House
National Authority
John McKetta
National Energy Policy Committee
Nixon
Langdon
Laungdon
Texas
Atty
John Hill
Roy D. Chapin Jr
American Motors Corporation
Texas Good Roads Association
Texas Highway Users Conference
United States