Comparison of FEA figures with the Library of Congress Congressional Research Service's analysis of the President's energy program

Technical Report · Wed Feb 05 04:00:00 EST 1975

OSTI ID:7357670

President Ford's energy program will not raise the Consumer Price Index as much as the Congressional Research Service first estimated. Consumers will pay an annual rate of $19.2 billion, rather than $50.3 billion. The new estimates are lower because of the following changes in assumptions: (1) oil imports will be reduced and demand for oil lowered; (2) with deregulation of prices, natural gas exploration will increase and more gas will be available for interstate contracts; (3) coal prices will not rise as high as anticipated because of long-term contracts and because gas and oil consumers cannot convert to coal; and (4) changes in utility accounting and pollution control equipment should not be included in the cost of an energy independence program. (DCK)

• Research Organization: Federal Energy Administration, Washington, D.C. (USA). Office of Quantitative Methods; Federal Energy Administration, Office of Quantitative Methods, Office of Economic Impact, Washington, DC
• OSTI ID: 7357670
• Report Number(s): PB-246353; FEA/B-75/650
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
293000* -- Energy Planning & Policy-- Policy
Legislation
& Regulation
CARBONACEOUS MATERIALS
CHARGES
COAL
COST
ECONOMICS
ENERGY DEMAND
ENERGY POLICY
ENERGY SOURCES
EQUIPMENT
EXPLORATION
FINANCING
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GOVERNMENT POLICIES
NATIONAL ORGANIZATIONS
NATURAL GAS
PETROLEUM
POLLUTION CONTROL EQUIPMENT
PROJECT INDEPENDENCE
PUBLIC UTILITIES
TAXES
US FEA
US ORGANIZATIONS