Bridge over ocean
1 September 1966 Financial Analysts Journal Volume 22, Issue 5

The Energy Industry in the World of Tomorrow

  1. Robert L. Clark

• Natural gas volumes will grow faster than oil, especially abroad.

• The petrochemical and fertilizer business is expected to triple in the Free World during the next ten years, stimulated by the ever-growing number of large natural gas discoveries being made around the globe.

• Atomic energy is becoming the fastest growing fuel, particularly in the United States.

• The outlook for coal hinges importantly on the success of current research efforts to make gasoline and pipeline gas from coal on an economic basis.

• Profits in 1966 of leading essentially domestic oil companies and the traditionally classified international oils are expected to rise at least 13% and around 9% respectively, over 1965. Further gains in 1967 are projected.

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