Overview

For 150 years, conventional oil and gas deposits were developed by drilling vertical wells. Supported by extensive Government research conducted in the 1970's, the petroleum industry developed horizontal well drilling and massive hydraulic fracturing in the 80's. Application of the new technology to unconventional shales reversed a five decade oil production decline. Oil production in United States has returned to its prior peak rate of about 10 million barrels per day. The return to peak oil production is supported by a high level of energy security through the creation and filling the Strategic Petroleum Reserve. As told by a Government and oil industry insider, the Nation is now emerging as the world's new swing oil producer and is well on its way to energy independence.

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9781621379874

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Harry Johnson helped develop and manage Government programs during the volatile 70's. His personal experiences range from energy agency disagreements about the regulation of natural gas, friendly and not so friendly testimony before Congress and a briefing on energy to the President of the United States. The insider information discussed in the Journey shows how energy programs were developed by the government, what worked and what did not work. The past successes and failures discussed in the Journey provide a useful framework to gauge the effectiveness of future government energy programs.

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