World fuel report less gloomy than earlier studies

Journal Article · Mon Mar 20 04:00:00 EST 1978 · Energy User News; (United States)

OSTI ID:5128134

Long, S

A report on world energy resources, based on a Delphi poll and released by The World Energy Conference (WEC) in February, is more optimistic than earlier studies by The Central Intelligence Agency (CIA) and others. Supply and demand were analyzed for all sources rather than just petroleum and projections were made to the year 2020. The WEC report sees a significantly smaller gap between petroleum reserves and demand, although it foresees shortages by 1990 if adequate power supplies from coal and nuclear energy are not available because of consumer preferences for oil. Unconventional petroleum sources, such as shales, tar sands, offshore, and synthetics, are not expected to be a major share of production until the next century. The report is also more optimistic about world natural gas supplies than other studies. The WEC findings concur with those of the CIA that demand for energy will increase with the economic growth of developing countries. Reserve estimates, costs, and production forecasts of the two studies are compared.

• OSTI ID: 5128134
• Journal Information: Energy User News; (United States), Journal Name: Energy User News; (United States) Vol. 3:12; ISSN EUSND
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
290400* -- Energy Planning & Policy-- Energy Resources
294000 -- Energy Planning & Policy-- Fossil Fuels
DELPHI METHOD
DEVELOPING COUNTRIES
ECONOMIC GROWTH
ENERGY CONSUMPTION
ENERGY DEMAND
ENERGY SHORTAGES
ENERGY SOURCE DEVELOPMENT
ENERGY SOURCES
ENERGY SUPPLIES
FLUIDS
FORECASTING
FOSSIL FUELS
FUEL GAS
FUEL SUBSTITUTION
FUELS
GAS FUELS
GASES
GLOBAL ASPECTS
NATURAL GAS
PETROLEUM
POWER GENERATION
RESERVES
RESOURCES
SUPPLY AND DEMAND