ARE WE RUNNING OUT OF GAS?

VARIOUS RECOMMENDATIONS FOR ACTION IN THE PRESENT ENERGY SITUATION ARE EXAMINED. PLANS FOR INCREASED PETROLEUM IMPORTATION WILL HAVE TO BE PART OF AN IMMEDIATE SOLUTION BUT COULD LEAD TO POLITICAL AND ECONOMIC WEAKENING IN THE LONG RUN. IMMEDIATE INCREASED IMPORTS MUST BE COUPLED WITH EFFORTS TO REDUCE THE OVERALL PETROLEUM DEMAND. STRATEGICALLY APPLIED LEGISLATIVE AND EDUCATIONAL PRESSURE WHICH WOULD SPEED THE TREND TOWARD THE USE OF SMALLER, MORE ECONOMIC VEHICLES FOR PERSONAL TRANSPORTATION, AND EFFORTS TO INCREASE OCCUPANCY OF CARS AND BUSES WILL HELP REDUCE GASOLINE CONSUMPTION. IF OIL IMPORTS ARE ALLOWED TO RISE TO 40 PERCENT OF DOMESTIC DEMAND BY 1976, AND IF 60 PERCENT OF THE AUTOMOBILES COULD BE CONVERTED TO ECONOMY SIZE CARS BY 1980, THE ANNUAL DOMESTIC PETROLEUM PRODUCTION IN 1980 COULD BE REDUCED BY 1.5 BILLION BARRELS FROM THE PRESENT TREND. UNDER THESE ASSUMPTIONS RESERVES WOULD FALL TO 32.5 BILLION BY 1980. ANY MEASURES THAT WILL LIMIT THE NUMBER OF VEHICLES ON THE HIGHWAYS AND STREETS WILL FURTHER REDUCE THE DEMAND FOR GASOLINE. CHANGES IN GASOLINE CONSUMPTION BY AUTOMOBILES WILL CAUSE A SIMILAR CHANGE IN GASOLINE TAX REVENUES, IF THE TAX RATES REMAIN UNCHANGED. THE REPLACEMENT OF THIS LOST REVENUE WOULD REQUIRE AN INCREASE OF THE GASOLINE TAX RATE. THE IMPLICATIONS OF THE FUEL SHORTAGE ENCOMPASS ALSO THE HEATING, AIR-CONDITIONING, INDUSTRIAL AND LIGHTING SEGMENTS. ATOMIC AND SOLAR ENERGY CAPABILITIES MUST BE DEVELOPED FOR GENERAL USE. STATISTICS ILLUSTRATING THE SUPPLY AND DEMAND FOR PETROLEUM ARE TABULATED.

  • Supplemental Notes:
    • HHP-40
  • Corporate Authors:

    Federal Highway Administration

    1200 New Jersey Avenue, SE
    Washington, DC  USA  20590
  • Authors:
    • Liston, L L
    • Ullman, J E
  • Publication Date: 1972-11-27

Media Info

  • Features: Tables;
  • Pagination: 17 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00202431
  • Record Type: Publication
  • Files: TRIS, USDOT
  • Created Date: Jun 5 1974 12:00AM