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U. S. energy problems, challenges in the 1980s

Journal Article · · Energy User News; (United States)
OSTI ID:5444013
The Deputy Secretary of Energy, John C. Sawhill, examined five U.S. energy problems and recommends taking the long view toward rethinking the way we derive and use energy. He identifies the political and supply instability of Mid-East oil, a growing world demand for oil, inadequate oil production by non-OPEC suppliers, and the shift in oil sales to inter-government and spot-market sales as the major problems. Policies to reduce oil dependence and a shift to more stable and secure energy supplies include a goal of reducing imports 50 percent by 1990 through a gradual decontrol of domestic crude oil combined with a windfall profits tax. Financial incentives to increase natural gas and coal production should be pursued along with programs to develop gasahol, solar energy, synthetic fuels, and nuclear power. These policies will be balanced with oil disincentives to decrease demand in all sectors. (DCK)
Research Organization:
Dept. of Energy, Washington, D.C.
OSTI ID:
5444013
Journal Information:
Energy User News; (United States), Journal Name: Energy User News; (United States) Vol. 4:53; ISSN EUSND
Country of Publication:
United States
Language:
English