With energy, the best things in life are not free

Journal Article · Thu Sep 29 04:00:00 EDT 1977 · Public Util. Fortn.; (United States)

OSTI ID:7286448

Welch, F X

Mr. Welch, Editor-in-Chief Emeritus of Public Utilities Fortnightly, reviews the history and current status of U.S. energy sources and concludes there will be no easy, quick, or inexpensive answers. A shortage of energy in the near term is expected to be evident in the supply, distribution, and cost of the five primary sources. The increasing dependence on imported energy has both economic and national security implications. An adequate and flexible price structure could raise the capital funds to develop domestic resources, whose geologic evidence is promising. Mr. Welch feels that a firm national will, backed by a balanced and enforced national policy, is needed to pursue the most realistic routes without trying to please all sectors. He feels further that a sensible national policy will require that someone make the difficult trade-off decisions between environmental protection and energy development and between research programs to pursue and those to reject. (DCK)

• OSTI ID: 7286448
• Journal Information: Public Util. Fortn.; (United States), Journal Name: Public Util. Fortn.; (United States) Vol. 100:7; ISSN PUFNA
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
292000* -- Energy Planning & Policy-- Supply
Demand & Forecasting
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
CAPITAL
CHARGES
COST
ECONOMIC IMPACT
ECONOMIC POLICY
ECONOMICS
ENERGY DEMAND
ENERGY POLICY
ENERGY SHORTAGES
ENERGY SOURCE DEVELOPMENT
ENERGY SOURCES
ENERGY SUPPLIES
ENVIRONMENTAL IMPACTS
GOVERNMENT POLICIES
RESEARCH PROGRAMS
RESERVES
SECURITY