ENERGY TOMORROW - THE OIL GAMBLE

The usage rate of liquid fuels has increased dramatically over the past few decades to such an extent that any major interruption to their supply can precipitate national and international crises. Visible evidence of the fragility of the world energy economy was brought forcibly to the public notice by the action of the OPEC nations in 1973, when restrictions in supply and major price increase shocked the developed world. Viewed in a historical perspective this action must inevitably rank as the greatest single factor in forcing energy awareness on a global scale. Energy yesterday was cheap, readily available and therefore expendable; energy today is a vital topic of discussion at the technological and political levels; and energy tomorrow, more highly priced and less accessible to many, may hold the answer to the continuing prosperity of the world as we know it. /Author/TRRL/

  • Supplemental Notes:
    • This paper was presented at the National Convention of Society of Automotive Engineers, Australasia, Hobart, 1978.
  • Corporate Authors:

    Society of Automotive Engineers

    191 Royal Parade
    Parkville, Victoria 3052,   Australia 
  • Authors:
    • Charters, WWS
  • Publication Date: 1978

Media Info

  • Features: References; Tables;
  • Pagination: 8 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00188264
  • Record Type: Publication
  • Source Agency: Transport and Road Research Laboratory (TRRL)
  • Report/Paper Numbers: Proceeding
  • Files: ITRD, TRIS, ATRI
  • Created Date: Apr 12 1979 12:00AM