Research and Development Needs in the 21st Century

Issue:

Focused research and development can make a significant contribution to sustaining the domestic petroleum industry.

Background:

While a global market establishes the price of crude oil, the costs of exploration, development, and production are influenced strongly by the application of new science and technology.

Statement:

AAPG recognizes the importance of maintaining a strong domestic petroleum industry and supports the need for a continuing effort in research and development to aid in sustaining its economic viability.

Comments (0)

 

Office Contacts

Edith Allison Director, Geoscience and Energy Policy Office +1 202 643 6533