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

National energy policy plans

Journal Article · · Transport. J.; (United States)
OSTI ID:7125337
Serious efforts to establish a national energy policy date from the 1973 oil embargo and the subsequent desire to secure reliable sources of reasonably priced energy for economic and political independence. The crisis atmosphere led to specific regulatory legislation and agencies, none of which addressed a comprehensive approach. Efforts to correlate data led to the 1974 Project Independence Report's recommendations for decontrolling oil and natural gas, developing technology, conservation, and research and development of new energy sources. Specific programs for meeting these goals were developed in the Energy Policy and Conservation Act of 1975 and the Naval Petroleum Reserves Production Act. Action is still needed for natural gas deregulation and transportation, offshore leasing, financial incentives for new energy technology, surface mining regulation, and standards for energy efficiency, environmental quality and rate design. Deregulation of new natural gas is the most pressing action needed in order to stimulate production, Mr. Christie feels; a free market will also encourage additional production of other conventional fuels and reduce energy demand. Federal loan guarantees will encourage alternative fuel development and commercialization. (DCK)
Research Organization:
Federal Energy Administration, Washington, DC
OSTI ID:
7125337
Journal Information:
Transport. J.; (United States), Journal Name: Transport. J.; (United States) Vol. 16:2; ISSN TRNJA
Country of Publication:
United States
Language:
English