Energy: where we'll be by the year 2000

Journal Article · Mon May 09 04:00:00 EDT 1977 · Commer. Am.; (United States)

OSTI ID:7308366

The Department of Commerce's Office of Energy Programs predicts an energy scenario for the year 2000. The study sees a continued heavy reliance on imported oil despite stronger public support than some other experts expect for President Carter's energy-saving proposals or such other measures as are adopted. The forecast presents what is considered to be the most likely U.S. energy picture (supply/demand balances) for the years in question. Second, the forecast contains detailed sector breakdowns of both fuel sources and consumption sectors (residential/commercial, industrial, transportation, and electrical generation). These breakdowns, moreover, take into account the fuel specificity for each energy use, and the fact that energy forms are not perfectly interchangeable. Third, the forecast is carried out to the year 2000. Extending the forecast to this point helps to demonstrate the impact that sustained implementation of current energy policies will have on the nation's energy future. Finally, the forecast takes special account of the diminishing U.S. fossil fuel resource base. Oil and gas particularly are finite and depletable and, towards the end of the century, will be increasingly costly and difficult to recover. This latter factor has not always been recognized in forecasts of this type. After a review of all energy sources and energy conservation measures, the forecast concludes that no single energy source can be excluded. The key finding is that, even with the lower rate of energy use projected in the forecast, domestic energy supply (especially oil and gas) will not keep pace and reliance on foreign imports will continue and even increase. (MCW)

• OSTI ID: 7308366
• Journal Information: Commer. Am.; (United States), Journal Name: Commer. Am.; (United States) Vol. 2:10; ISSN COAMD
• 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
ENERGY CONSERVATION
ENERGY POLICY
ENERGY SOURCES
FORECASTING
GOVERNMENT POLICIES
MARKET
NORTH AMERICA
PRODUCTION
USA