The great expectations of a major coal boom in the late 1970s and early 1980s have been dampened by the increased availability of oil and the downward pressure which this has exerted on world oil prices. Some energy specialists, feel this is a temporary phenomenon, and that by the mid-1980s at the latest there will be upward pressure on world oil prices. This will stimulate the demand for coal in the United States, both for direct consumption and for conversion to oil and natural gas. The result would be rapid expansion of the coal industry in the 1980s. Environmental regulations, labor problems, and capital availability will be issues that policy makers, management, and labor leaders will have to deal with. But there is nothing on the horizon that could be regarded as an overriding obstacle to an annual production rate of about 1.2 billion tons by 1985.

  • Corporate Authors:

    University of Colorado, Boulder

    International Research Center for Energy and Economic Development
    Boulder, CO  United States  80309
  • Authors:
    • Miernyk, W H
  • Publication Date: 1979

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00325905
  • Record Type: Publication
  • Source Agency: Engineering Index
  • Files: TRIS
  • Created Date: Feb 18 1981 12:00AM