National energy outlook

Technical Report · Sun Feb 01 04:00:00 EST 1976

OSTI ID:7197896

This report is an update of last year's ''Project Independence Report.'' It concludes that the U.S. can achieve energy independence by 1985 without sacrificing its economic objectives. The study states that the U.S. oil imports, which are currently 6.1 million barrels per day (MMB/D), will continue to increase in the next two years, until Alaskan production begins. However, with gradual deregulation of oil and gas prices, intensive efforts to increase domestic production, and continuation of current world oil prices, 1985 imports could drop to 5.9 MMB/D, slightly below today's level. With accelerated production and increased conservation efforts, imports could decline to 1 to 2 MMB/D in 1985. If domestic oil and gas prices are regulated at low levels, however, imports could reach 13.5 MMB/D that year. The report points out that even if imports decline by 1985, they could increase again by 1990 as production from older oil fields declines. This decline will need to be offset by the use of nuclear power, coal, synthetic fuels, and emerging energy sources such as solar power. (GRA)

• Research Organization: Federal Energy Administration, Washington, D.C. (USA); Federal Energy Administration, Washington, DC 20461
• OSTI ID: 7197896
• Report Number(s): FEA-N-75/713
• Country of Publication: United States
• Language: English

Related Subjects

01 COAL, LIGNITE, AND PEAT
010000 -- Coal
Lignite
& Peat
02 PETROLEUM
020000 -- Petroleum
03 NATURAL GAS
030000 -- Natural Gas
20 FOSSIL-FUELED POWER PLANTS
200000 -- Fossil-Fueled Power Plants
29 ENERGY PLANNING, POLICY, AND ECONOMY
292000* -- Energy Planning & Policy-- Supply
Demand & Forecasting
ALASKA
CARBONACEOUS MATERIALS
COAL
ELECTRIC POWER
ENERGY DEMAND
ENERGY POLICY
ENERGY SOURCES
ENERGY SUPPLIES
FINANCING
FLUIDS
FORECASTING
FOSSIL FUELS
FUEL CYCLE
FUEL GAS
FUELS
GAS FUELS
GASES
GOVERNMENT POLICIES
INFORMATION
NATURAL GAS
NORTH AMERICA
PACIFIC NORTHWEST REGION
PETROLEUM
POWER
POWER DEMAND
PROJECT INDEPENDENCE
PUBLIC UTILITIES
TABLES
TRADE
USA