Coal, oil, and the energy crisis

Conference · Tue Jan 01 04:00:00 EST 1974 · AIChE Symp. Ser.; (United States)

OSTI ID:7126760

Johns, J J

It is estimated that the potential demand for oil will be 30 million bbl/day in 1985, which will be supplied 49% by domestic sources and 51% by imports, most of which will have to come from the Middle East, Indonesia, and Africa. Based on a price of $8/bbl, imports will cost $122 million/day in trade, which will be very detrimental to the U.S. balance of payments. Demand for coal could reach at least 960 million tons in 1985. The total potential coal supply is over 800 billion tons (2400 billion bbl of crude oil equivalent), of which 25% is available using current technology and economics. Coal still will be in short supply because of economic, ecological, and political factors. Most coal near the high use areas is high in sulfur and the low-sulfur coals are in the West where transportation costs are high. However, estimates show that shipping Montana coal to Chicago is only about 62% as expensive on a Btu basis as No. 6 fuel oil.

• OSTI ID: 7126760
• Conference Information: Journal Name: AIChE Symp. Ser.; (United States) Journal Volume: 70:142
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
292000* -- Energy Planning & Policy-- Supply
Demand & Forecasting
294001 -- Energy Planning & Policy-- Coal
294002 -- Energy Planning & Policy-- Petroleum
CARBONACEOUS MATERIALS
COAL
COAL RESERVES
ECOLOGY
ECONOMICS
ELEMENTS
ENERGY DEMAND
ENERGY SOURCES
FORECASTING
FOSSIL FUELS
FUELS
NONMETALS
NORTH AMERICA
PETROLEUM
RESERVES
RESOURCES
SULFUR
TRANSPORT
USA