Crisis: an alternative to complacency

Conference · Wed Jan 01 00:00:00 EST 1986 · Gas Res. Inst. Q. Analy. Rev.; (United States)

OSTI ID:7008541

Dreyfus, D A

Despite a prevailing skepticism of forecasting, decision making is necessarily a future-oriented process. Forecasting, because of this, affects the future. Earlier energy forecasts of a severe energy crisis led to global policy initiatives that have improved the world energy picture even though the predictions did not come true. A new consensus is emerging among energy forecasts which sees a continuation of current trends, with stable or diminishing energy prices coupled with secure supplies. Complacency based on these projections could lead to a future crisis if the decisions based upon these assumptions prove faulty.

• Research Organization: Gas Research Institute, Chicago, IL
• OSTI ID: 7008541
• Journal Information: Gas Res. Inst. Q. Analy. Rev.; (United States), Conference: National meeting of the American Association for the advancement of science, Philadelphia, PA, USA, 30 May 1986
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING
POLICY AND ECONOMY
ENERGY POLICY
DECISION MAKING
ENERGY SUPPLIES
FORECASTING
ECONOMIC IMPACT
ENERGY EXPENSES
ENERGY SHORTAGES
INVESTMENT
PRICES
GOVERNMENT POLICIES
SHORTAGES
292000* - Energy Planning & Policy- Supply
Demand & Forecasting