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U.S. oil output falls to decade low as imports rise
The Federal Energy Office reports U S crude oil production dipping to the lowest level in over a decade while imports may reach 41 percent of consumption in 1976. The midyear outlook also notes higher petroleum demand, rising motor gasoline use, and gradual price changes after decontrolling several oil products.
MENTIONED IN THIS ARTICLE
Washington
Federal Energy Office
Frank Zarb
Farh
U.S
Zark
Zarb
FEO