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U.S. Department of Energy
Office of Scientific and Technical Information

Energy situation

Technical Report ·
OSTI ID:7301588
Energy trends over the past year show increasing imports and a steadily rising consumption rate in the United States. Even with sharp increases in energy prices following the Arab embargo, the use of energy per dollar GNP has remained relatively stable. Domestic oil production, which has been declining since 1970, will continue to do so, but at a rate less than that experienced prior to the 1973-1974 embargo. Production will stabilize and then increase in the next few years as approximately 1.6 million barrels per day of Alaskan oil is transported to the lower 48 states.
Research Organization:
Federal Energy Administration, Washington, DC (USA)
OSTI ID:
7301588
Report Number(s):
PB-266836; FEA/T-77/177
Country of Publication:
United States
Language:
English