U. S. energy policy and oil independence: a critique and a proposal
The national debate on energy policy, which began with the Arab oil embargo in 1973, continues unabated. The U.S. Congress has passed more than 50 bills dealig with energy since the embargo and President Carter, within 90 days of taking office proposed a wide-ranging National Engery Plan. The controversy surrounding the Plan suggests that, even if most of it is eventually signed into law, the nation will continue to grope for solutions to its energy problems. The continuing confusion and uncertainty about energy policy are believed to stem from failure to deal cogently with the problem of energy independence. Numerous statements by the President and Congressional leaders make it clear that independence is a major objecive of national energy policy; yet current and proposed policies reflect a shotgun approach which makes the independence problem appear highly complex. The shotgun approach has resulted from a lack of awareness of the basic issue involved, namely: the necessity to include in the price of oil a premium for the risk of a disruption of oil imports. An awareness of that basic issue, both the problem and a cogent solution, are shown to be relatively straightforward. 20 references.
- Research Organization:
- Purdue Univ., West Lafayette, IN
- OSTI ID:
- 6176824
- Journal Information:
- Mater. Soc.; (United States), Journal Name: Mater. Soc.; (United States) Vol. 2:1-2; ISSN MSOCD
- Country of Publication:
- United States
- Language:
- English
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