The importance of fuel in the overall cost structure of airlines is discussed as well as a look at the future supply of, and demand for, oil. The following topics are highlighted: Demand for primary energy; oil-the dominant energy supplier; cost of finding oil; transport of oil; oil reserves; balance of cheapness and security of supply; increase in revenue for the producer countries, response to the upsurge in oil prices; OPEC; future supply. It is concluded that the problems associated with harnessing the vast energy released by the process of fusion should be solved, provided the appropriate research effort is forthcoming. Such a break through would not only have implications for electrical supplies but could also usher in the hydrogen economy.

  • Corporate Authors:

    Chartered Institute of Transport, England

    80 Portland Place
    London W1N 4DP,   England 
  • Authors:
    • McFadzean, F
  • Publication Date: 1978-3

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00177448
  • Record Type: Publication
  • Source Agency: Chartered Institute of Transport Journal
  • Files: TRIS
  • Created Date: Jul 19 1978 12:00AM