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Title: Proposed energy conservation contingency plan: emergency weekend gasoline and diesel fuel retail distribution restrictions. Economic impact analysis. Environmental impact assessment. Contingency plan No. 3

Abstract

In the event of a severe energy disruption or in order to fulfill obligations of the United States under the International Energy Program, the President may implement one or more energy demand reduction plans as provided in Title II of the Energy Policy and Conservation Act (EPCA) of 1975. This report describes the economic impact of the Emergency Weekend Gasoline, Diesel Fuel Retail Distribution Restrictions Plan, which would reduce petroleum product demand by an estimated 160,000 barrels per day: 156,000 b/d of gasoline and 4,000 b/d of residual oil. However, this reduction in petroleum demand should not be considered as an actual fuel savings available for use in other sectors. The projected demand reduction of 156,000 b/d represents only 2 percent of daily gasoline demand, which would not be sufficient to bridge the gap between supply and demand that would result from a supply interruption. The weekend gasoline sales restrictions would, however, aid consumers in adjusting to the shortages by forcing them to curtail non-essential gasoline consumption. Market adjustments in the price of gasoline are precluded by the assumption of price controls on petroleum products. The indirect impact of the plan on most auto-related industries--retail gasoline sales and maintenance andmore » automobile sales--is already implicit in the gasoline shortfall. The plan is expected to have an indirect impact in further depressing the commercial lodgings, restuarant, boat, airplane, and miscellaneous leisure recreation industries. The macro-economic effects of the plan would be relatively slight compared with the overall economic impact of the petroleum shortfall, and these effects and impact are discussed.« less

Publication Date:
Research Org.:
Federal Energy Administration, Washington, D.C. (USA)
OSTI Identifier:
7340942
Report Number(s):
FEA/H-76/432
Resource Type:
Technical Report
Country of Publication:
United States
Language:
English
Subject:
29 ENERGY PLANNING, POLICY AND ECONOMY; 02 PETROLEUM; 32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION; DIESEL FUELS; ENERGY CONSERVATION; EMERGENCY PLAN; ENERGY POLICY AND CONSERVATION ACT; IMPLEMENTATION; GASOLINE; PETROLEUM PRODUCTS; DEMAND FACTORS; ALLOCATIONS; DISTRIBUTION; ECONOMIC POLICY; MARKET; FUELS; LAWS; SAFETY; 291000* - Energy Planning & Policy- Conservation; 293000 - Energy Planning & Policy- Policy, Legislation, & Regulation; 020500 - Petroleum- Products & By-Products; 320203 - Energy Conservation, Consumption, & Utilization- Transportation- Land & Roadway

Citation Formats

. Proposed energy conservation contingency plan: emergency weekend gasoline and diesel fuel retail distribution restrictions. Economic impact analysis. Environmental impact assessment. Contingency plan No. 3. United States: N. p., 1976. Web.
. Proposed energy conservation contingency plan: emergency weekend gasoline and diesel fuel retail distribution restrictions. Economic impact analysis. Environmental impact assessment. Contingency plan No. 3. United States.
. 1976. "Proposed energy conservation contingency plan: emergency weekend gasoline and diesel fuel retail distribution restrictions. Economic impact analysis. Environmental impact assessment. Contingency plan No. 3". United States.
@article{osti_7340942,
title = {Proposed energy conservation contingency plan: emergency weekend gasoline and diesel fuel retail distribution restrictions. Economic impact analysis. Environmental impact assessment. Contingency plan No. 3},
author = {},
abstractNote = {In the event of a severe energy disruption or in order to fulfill obligations of the United States under the International Energy Program, the President may implement one or more energy demand reduction plans as provided in Title II of the Energy Policy and Conservation Act (EPCA) of 1975. This report describes the economic impact of the Emergency Weekend Gasoline, Diesel Fuel Retail Distribution Restrictions Plan, which would reduce petroleum product demand by an estimated 160,000 barrels per day: 156,000 b/d of gasoline and 4,000 b/d of residual oil. However, this reduction in petroleum demand should not be considered as an actual fuel savings available for use in other sectors. The projected demand reduction of 156,000 b/d represents only 2 percent of daily gasoline demand, which would not be sufficient to bridge the gap between supply and demand that would result from a supply interruption. The weekend gasoline sales restrictions would, however, aid consumers in adjusting to the shortages by forcing them to curtail non-essential gasoline consumption. Market adjustments in the price of gasoline are precluded by the assumption of price controls on petroleum products. The indirect impact of the plan on most auto-related industries--retail gasoline sales and maintenance and automobile sales--is already implicit in the gasoline shortfall. The plan is expected to have an indirect impact in further depressing the commercial lodgings, restuarant, boat, airplane, and miscellaneous leisure recreation industries. The macro-economic effects of the plan would be relatively slight compared with the overall economic impact of the petroleum shortfall, and these effects and impact are discussed.},
doi = {},
url = {https://www.osti.gov/biblio/7340942}, journal = {},
number = ,
volume = ,
place = {United States},
year = {1976},
month = {9}
}

Technical Report:
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