	energy secretary sees higher oil prices energy secretary donald hodel said he expects oil prices to rise significantly by the year probably to around dlrs a barrel in current dollars i do anticipate a significant increase by thirty three dlrs a barrel is not unreasonable hodel told the senate energy committee hodel said the loss of some domestic oil production through the shutdown of stripper barrels a day or less wells because of low prices was probably permanent he said he was also concerned by the decline in domestic oil exploration hodel urged congress to approve oil exploration in section of the arctic national wildlife refuge in alaska he said geologic condtions in the area were favorable for the discovery of oil fields equal to those in nearby prudhoe bay the area could contain potentially recoverable oil resources of more than billion barrels an amount nearly equal to the prudhoe bay oil field which currently provides almost one fifth of u s domestic production hodel said he said production from the new section could begin about the time prudhoe bay production begins to decline in without endangering caribou or other wildlife in the area reuter 
