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

US energy and capital: a forecast 1980-1990. [Booklet]

Book ·
OSTI ID:7041577

The US energy position as seen from the Bankers Trust Co. Energy Group's interpretation of demand and supply forecasts and the associated capital requirements is that neither the Administration's oil-import pledge nor the magnitude of energy investment will become a limitation on economic growth in the 1980s. The President's pledge to hold net imports to 8.5 million barrels per day is not expected to be a constraint that would be disruptive to the US economy. The Bank believes it is reasonable to assume that the international oil market can supply the necessary imports. Capital outlays for the development of domestic energy resources are forecast to exceed one trillion dollars (in 1979 dollars) by 1990. The study concludes that the US economy should be able to absorb such expenditures with minimal dislocation. 6 figures, 11 tables.

OSTI ID:
7041577
Country of Publication:
United States
Language:
English