Patterns of discovery in Australia: Part 2

M.T. Bradshaw, C.B. Foster, M.E. Fellows, D.C. Rowland Australian Geological Survey Organization Canberra This is the second and concluding part of an article on patterns of discovery in Australian oil and gas exploration. Part 1, includings Figs. 1-10, appeared last week (OGJ, June 7, 1999, p. 37). 1973-77: the doldrums In late 1972, the conservative coalition government of 23 years was replaced by the Whitlam Labor government (1972-75), which burst on the scene with a reform agenda. In 1973, the global price of oil soared (Fig. 8) when war in the Middle East led to the Arab oil embargo, but, in Australia, political factors-regulated markets and pr...

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