Coming energy shortage: oil is not enough

Journal Article · Wed Jun 01 04:00:00 EDT 1977 · Technol. Rev.; (United States)

OSTI ID:7301536

Basile, P S ^[1]; Sternlight, D

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1. Massachusetts Inst. of Tech., Cambridge

World oil demand is projected by the Massachusetts Institute of Technology-coordinated Workshop on Alternative Energy Strategies (WAES) to outstrip supplies as early as 1985 and necessitates immediate steps for managing the transition to alternative fuels. An international cooperative effort, WAES has estimated energy demand, domestic energy reserves, and energy surpluses for export on the basis of alternative price, policy, and growth scenarios. Data were integrated for both preferred fuels, which led to imbalances, and for a constrained fuel mix that achieves supply and demand balances based on fuel availability and maximum fuel efficiency. Results of the study pinpoint oil as the critical fuel. Tables summarize the fuel projections for North America, Europe, Japan, non-OPEC developing countries, and OPEC countries. A case study illustrates energy futures in the year 2000 after 25 years of price increases and rapid economic growth. (DCK)

• OSTI ID: 7301536
• Journal Information: Technol. Rev.; (United States), Journal Name: Technol. Rev.; (United States) Vol. 79:7; ISSN TEREA
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020100 -- Petroleum-- Reserves-- (-1989)
29 ENERGY PLANNING, POLICY, AND ECONOMY
292000 -- Energy Planning & Policy-- Supply
Demand & Forecasting
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
294002* -- Energy Planning & Policy-- Petroleum
AVAILABILITY
DATA
DECISION MAKING
DEVELOPING COUNTRIES
ECONOMICS
EFFICIENCY
ENERGY BALANCE
ENERGY CONSUMPTION
ENERGY DEMAND
ENERGY EFFICIENCY
ENERGY MANAGEMENT
ENERGY POLICY
ENERGY SHORTAGES
ENERGY SOURCES
ENERGY SUPPLIES
FORECASTING
FOSSIL FUELS
FUELS
GOVERNMENT POLICIES
GROWTH
INFORMATION
INTERNATIONAL COOPERATION
INTERNATIONAL ORGANIZATIONS
INVESTMENT
MANAGEMENT
OPEC
PETROLEUM
PLANNING
RESERVES
RESOURCES
TRADE