Impact of the proposed energy deregulation/tax program on selected industries. Technical report

Technical Report · Tue Apr 01 00:00:00 EDT 1975

OSTI ID:7138186

The effects of the energy conservation tax program on baseline fuel prices, fuel consumption by major sectors, and on selected industries are examined. It was determined that the President's energy proposals would lead to higher fuel prices in 1975. However, the anticipated impact on energy sensitive industries should be less than the impact of the 1973-74 oil embargo. This is based on the assumption that elasticity of demand would be the major factor in determining absorption of, or dollar for dollar pass through of higher fuel costs. Since fuel costs in most industries are small compared to labor and material costs, availability rather than price is the critical factor in the short run.

• Research Organization: Federal Energy Administration, Washington, D.C. (USA). Office of Quantitative Methods
• OSTI ID: 7138186
• Report Number(s): PB-246207; FEA-EATR-75-10
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING
POLICY AND ECONOMY
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
ENERGY CONSUMPTION
TAXES
INDUSTRY
COST
DEMAND FACTORS
ECONOMIC ELASTICITY
FUEL CONSUMPTION
FUELS
GOVERNMENT POLICIES
298000* - Energy Planning & Policy- Consumption & Utilization
320300 - Energy Conservation
Consumption
& Utilization- Industrial & Agricultural Processes