Conservation and the energy demand outlook
With an emphasis on external influences, the author reviews the total demand side of the energy equation and the thoughts on energy production, availability, and prices of Planning and Forecasting Consultants (P and FC). P and FC sees US energy consumption growing at a negative rate during the 1980s, which represents a significant trend discontinuity. Most oil and gas companies, however, are not planning for less revenue, although such planning could lead to an upturn in net income. P and FC expects total US energy production to increase for coal and nuclear and hold steady for oil and gas. They find most conservation among the 10 major energy-intensive industries, and greater efficiency in meeting truck and plane fuel requirements. Market limits for the price of oil are $3 and $34, with equilibrium in the lower $20 range. An import tax on oil is appropriate at this time because the market is more dominant than the supply.
- OSTI ID:
- 5977286
- Report Number(s):
- CONF-850301-
- Journal Information:
- Energy Technol. (Wash., D.C.); (United States), Vol. 12; Conference: 12. annual energy technology conference and exposition, Washington, DC, USA, 25 Mar 1985
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
POLICY AND ECONOMY
ENERGY DEMAND
FORECASTING
FOSSIL FUELS
ENERGY SOURCE DEVELOPMENT
ENERGY CONSERVATION
ENERGY POLICY
MARKET
PLANNING
PRICES
DEMAND
ENERGY SOURCES
FUELS
GOVERNMENT POLICIES
292000* - Energy Planning & Policy- Supply
Demand & Forecasting
293000 - Energy Planning & Policy- Policy
Legislation
& Regulation
294000 - Energy Planning & Policy- Fossil Fuels