This paper assesses the impacts of various levels of government subsidies on the degree of US dependency on imported energy for the period 1977-2001 and on the reduction of energy bills under the 'base case', 'conservation', and 'most likely' scenarios using the Gulf/SRI US energy model. If the US government subsidizs synfuel production by 50 cents/mm Btu (1 million Btu) toal synthetic fuel production and market penetration could be 15.1-16.9 quads (1 thousand million million Btu) in 2001 against 8.3-9.8 quads given no subsidy. This will result in a reduction of oil and gas imports by 3.8-4.3 quads by 2001. The analyses indicate that during the period 1977-2001, for every 1 mm Btu desired reduction in imported oil, each mm Btu of synfuel produced should be subsidized by 1.50-1.88 dollars. /Author/TRRL/

  • Availability:
  • Corporate Authors:

    IPC Science and Technology Press Limited

    IPC House, 32 High Street
    Guildford, Surrey  England 
  • Authors:
    • Ezzati, A
  • Publication Date: 1978-9

Media Info

  • Features: Figures; References; Tables;
  • Pagination: p. 196-208
  • Serial:
    • Energy Policy
    • Volume: 6
    • Issue Number: 3
    • Publisher: Butterworth Scientific Limited
    • ISSN: 0301-4215

Subject/Index Terms

Filing Info

  • Accession Number: 00189221
  • Record Type: Publication
  • Source Agency: Transport and Road Research Laboratory (TRRL)
  • Files: ITRD, TRIS
  • Created Date: Apr 12 1979 12:00AM