SUPPLY AND DEMAND FOR ENERGY: LARGELY DOMESTIC

The intermediate and longer time aspects are reviewed of domestic energy supply and demand, and in particular, those aspects that can be expected to be responsive to deliberate public policy actions. The U.S. consumption of energy is discussed and figures for the idealized current and projected consumption of energy by type, use and year are tabulated. Studies indicate that it is both technically and economically feasible to reduce energy consumption to about 100 quadrillion BTU in 1985 and to about 125 quadrillion BTU in 2000. It is also indicated that a reduction of energy consumption at the point of use is associated with a reduction of approximately the same amount in the energy processing sector of the economy. The reduction of energy consumption by more or less drastic changes in lifestyles are likely to be both relatively unpredictable in timing and primarily long range in impact. An immutable connection is seen between energy consumption and full employment. The U.S. supply of energy is reviewed and a table is presented of idealized projected energy supply ranges and prices. The opinion is expressed that there is little question of the ability of the U.S. to pursue successfully a policy of self sufficiency in energy if that were desirable.

  • Availability:
  • Corporate Authors:

    American Society of Traffic and Transportation

    547 West Jackson Boulevard
    Chicago, IL  USA  60606
  • Authors:
    • Iulo, W
  • Publication Date: 1974

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00262972
  • Record Type: Publication
  • Report/Paper Numbers: HS-020 755, HS-020 751
  • Files: TRIS
  • Created Date: Nov 12 1974 12:00AM