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U.S. Department of Energy
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Energy forecast for 1983-1993

Journal Article · · Energy Econ., Policy Manage.; (United States)
OSTI ID:6836044
US industry can look forward to one more year of negative real energy price growth. From mid-decade onward, however, energy prices will most likely increase more rapidly than the overall price level. US energy efficiency will continue to improve over the next 10 years, although at a slower rate than over the last decade. Coal, oil, gas, and electricity prices will increase at differing rates over the coming decade. Oil will have a rapid price growth, followed by a long-term growth of 2% over inflation. Wellhead gas prices will increase about 4.5% after 1988, but will be competitive in the early 1990s. Coal prices will increase in real terms, but more slowly than oil or gas. Electricity price growth may decline slightly in real terms. 2 figures.
Research Organization:
Wharton Econometric Forecasting Associates, Washington, DC
OSTI ID:
6836044
Journal Information:
Energy Econ., Policy Manage.; (United States), Journal Name: Energy Econ., Policy Manage.; (United States) Vol. 3:3; ISSN EEPMD
Country of Publication:
United States
Language:
English