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Title: Energy: where are we headed

Conference · · Proc. Am. Power Conf.; (United States)
OSTI ID:6700378

The author sums the United States energy situation using six figures to tell the story: (1) 75% of our energy supplies are now derived from oil and gas; (2) we currently depend on foreign suppliers for 45% of our oil supplies, and the trend is upwards; (3) the nation's demand for energy will be 50% greater by 1990; (4) at current production rates, we now have 11 years of proved reserves of oil and of natural gas; (5) pending legislation such as Senate Bill 9--the Outer Continental Shelf Lands Act Amendments--if enacted, could defeat our national energy goals by inhibiting development of domestic energy sources; and (6) zero-risk environmental policies may well add up to zero opportunities for modifying all the other numbers crucial to the nation's future energy welfare. He then presents an energy policy he believes viable on three premises: (a) to bring the demand side of our energy equation under control, conservation is a must; incentives such as market prices that reflect the real value and cost of energy; standards that are flexible enough to optimize energy use in many varying situations; and perhaps other inducements to conserve all our fuels; (b) to reduce our dependence on foreign producers and also to meet our growing needs, we must increase domestic supplies; (c) to permit the growth so vital to the nation's economic welfare, we must redress the balance between environmental concerns and energy needs. At the least, a sound environmental policy, like a viable energy policy, must be based on stringent cost benefit analyses, scientific findings, and the need for flexibility. (MCW)

Research Organization:
American Petroleum Inst., Washington, DC
OSTI ID:
6700378
Report Number(s):
CONF-770403-
Journal Information:
Proc. Am. Power Conf.; (United States), Vol. 39; Conference: 39. annual meeting of the American Power Conference, Chicago, IL, USA, 18 Apr 1977
Country of Publication:
United States
Language:
English