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U.S. Department of Energy
Office of Scientific and Technical Information

California energy prices 1980-2000. Staff report

Technical Report ·
OSTI ID:6005115
The report provides semiannual 20-year forecasts of electricity and primary fuel prices. Its purposes is to review current and past trends in energy prices as well as report on the California Energy Commission staff's periodic price forecasts. Both in actual and inflation-adjusted terms, energy prices are expected to continue to rise in the next 20 years, although not at the extreme rates witnessed during the 1973-1974 oil embargo and again in 1979. The impact of rising energy prices of electricity, natural gas, gasoline, coal, and petroleum on a hypothetical California household's energy bill (based on estimated 1980 consumption) is characterized. Although price increases will not be easy to sustain, the proven and anticipated abilities of households and businesses to adjust to higher prices will mitigate the impacts of higher energy prices so that they are consistent with a growing state economy and improved standard of living.
Research Organization:
California Energy Resources Conservation and Development Commission, Sacramento (USA)
OSTI ID:
6005115
Report Number(s):
P-300-81-015; ON: DE82900408
Country of Publication:
United States
Language:
English