This report analyses projected trends in energy needs and supplies and the implied oil import demand of OECD and other major global regions for the next 15 years. It also calls for realising the opportunities still available to improve the energy supply-demand balance and thus reduce oil imports. While the scope is global and covers all energy, the focus is on oecd's needs and opportunities, and on oil as the most versatile and crucial fuel in the mid-term. The report is a revision and extension of oecd's energy prospects to 1985, which when published at the beginning of 1975 was one of the first studies to take account of the significant increases in energy prices. The earlier study, begun in 1973, was prepared on the basis of only a year's experience with higher prices and even shorter experience with the severity of the economic recession of 1974-75. Further experience has produced a lowering of expectations about early response of supply and demand of energy, and also realisation that medium-term economic growth rates may be lower than expected prior to 1974. But great uncertainty still prevails in the continuing disequilibrium in both energy markets and the world economy. This report is but one of many re-assessments that will be required as the world energy market evolves towards a new equilibrium.(a) /TRRL/

  • Corporate Authors:

    Organisation for Economic Co-operation and Development (OECD)

    2, rue André Pascal
    Paris,   France  75775 Paris Cedex 16
  • Publication Date: 1977

Media Info

  • Features: References; Tables;
  • Pagination: 106 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00156432
  • Record Type: Publication
  • Source Agency: Transport and Road Research Laboratory (TRRL)
  • Report/Paper Numbers: Monograph
  • Files: ITRD, TRIS, ATRI
  • Created Date: Oct 13 1977 12:00AM