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Title: US vulnerability to an oil import curtailment: the oil replacement capability. Summary

Technical Report ·
OSTI ID:6218531

This report responds to a request by the Senate Committee on Foreign Relations for an analysis of the US oil replacement capability in the event of an oil supply shortfall of indefinite duration. The assessment complements several other OTA reports related to energy efficiency and oil replacement. The report analyzes energy supply and demand technologies which can replace large amounts of oil within 5 years after the onset of a major oil supply shortfall, occurring within the next few years and accompanied by a large and enduring increase in oil prices. Emphasis is placed on those technologies that are commercially available now or are likely to be commercial by 1985, and, within this group, attention is given to the least cost alternatives to oil. In addition, the report analyzes the macroeconomic effects of an oil shortfall and how these effects could be influenced by different rates of investment in the oil replacement technologies. 49 figures, 40 tables.

Research Organization:
Office of Technology Assessment (U.S. Congress), Washington, DC
OSTI ID:
6218531
Report Number(s):
OTA-E-244; ON: TI85900703
Country of Publication:
United States
Language:
English