OPTIONS FOR FUELING AMERICA'S TRANSPORTATION
In the year 2000 the transportation system of the U.S. will still be driven predominantly by petroleum. Aggregate transportation demand for petroleum should reach a plateau in the next 20 years and other oil demands should decline. However, decreases in U.S. oil production could keep oil imports at the present levels. These continued high levels of imports will result in hidden costs to the U.S. economy from higher oil prices, longer balance of payments deficits, weakness of the dollar, inflation, and lower economic growth. The greatest threat to the transportation system is that of supply interruption. The nature of the problems in fueling U.S. transportation, the goal tht should be aimed at, and the specific options open to the U.S. are discussed in this report. The report also assesses where the U.S. stands on future supply and demand forecasts, and on current private and public efforts to reduce energy dependence and vulnerability. Recommendations for action are listed and include least-cost energy transition, restoration of the market place, application of import premium to policies and programs, promotion of a synthetic fuels option, improvement of the efficiency of motor vehicles and transportation systems, reduction of stationary uses of oil, provision of new technological options for the future, reduction of vulnerability, filling the strategic petroleum reserve, maintenance and increase of private stocks, creation of market alternatives for allocating shortfalls and strengthening of international cooperation.
- Workshop sponsored by the Energy Committee of the Aspen Institute for Humanistic Studies July 12 to July 18, 1980 in Aspen, Colorado.
Aspen Institute for Humanistic Studies717 Fifth Avenue
New York, NY United States 10022
- ALM, A L
- Publication Date: 1980
- Pagination: 51 p.
- TRT Terms: Demand; Economics; Fuel consumption; Fuels; Imports; Petroleum; Supply; Synthetic fuels; Technological innovations; Transportation; Vehicle performance
- Uncontrolled Terms: Supply and demand
- Subject Areas: Economics; Energy; Transportation (General); Vehicles and Equipment; I96: Vehicle Operating Costs;
- Accession Number: 00334889
- Record Type: Publication
- Report/Paper Numbers: No. 80-W268
- Files: TRIS
- Created Date: Oct 28 1981 12:00AM