Impact of the proposed energy deregulation/tax program on selected industries

Technical Report · Tue Apr 01 00:00:00 EDT 1975

OSTI ID:7353461

The effects of the energy conservation tax program on baseline fuel prices, fuel consumption by major sectors, and on selected industries were examined. It was determined that the President's energy proposals would lead to higher fuel prices in 1975. However, the anticipated impact on energy sensitive industries should be less than the impact of the 1973-74 oil embargo. This is based on the assumption that elasticity of demand would be the major factor in determining absorption or dollar for dollar pass through of higher fuel costs. Since fuel costs in most industries are small compared to labor and material costs, availability rather than price is the critical factor in the short run. (GRA)

• Research Organization: Federal Energy Administration, Washington, D.C. (USA); Federal Energy Administration, Office of Energy Conservation and Environment, Office of Industrial Programs; Federal Energy Administration, Office of Policy and Analysis, Office of Economic Impact, Washington, DC 20461
• OSTI ID: 7353461
• Report Number(s): PB-246207; FEA/B-75/647
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING
POLICY AND ECONOMY
ENERGY CONSERVATION
TAXES
ENERGY POLICY
ECONOMICS
FUEL CONSUMPTION
GOVERNMENT POLICIES
FUELS
CHARGES
INDUSTRY
ECONOMIC ELASTICITY
ENERGY DEMAND
REGULATIONS
TABLES
ENERGY CONSUMPTION
INFORMATION
293000* - Energy Planning & Policy- Policy
Legislation
& Regulation