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- W157293352 abstract "The effects of the economic and political instabilities in the Middle East on the US economy are examined. OPEC countries have cut production, but have maintained their 1978 revenues. As the western economies accelerate out of the recession in late 1980 and early 1981, demand for oil will leap, tightening supplies. Gas lines are again predicted for the US. To satisfy demand in 1980, America must shift dependence to US produced fossil fuels. That means deregulation of domestically produced natural gas and oil. Decontrol will economically inflate the energy production market, but it is concluded that economicallly it is more advantageous than importing oil natural gas. By holding the demand for oil and gas, the nation will still not satisfy all of its energy needs. Assuming that oil, gas, and synthetic fuels do satisfy the energy import shortfall, alternate fuels will have to absorb the remainder, and it is believed that only nuclear and coal have any chance of filling that bill." @default.
- W157293352 created "2016-06-24" @default.
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- W157293352 date "1979-09-01" @default.
- W157293352 modified "2023-09-27" @default.
- W157293352 title "Energy supply and demand: an economist's viewpoint" @default.
- W157293352 hasPublicationYear "1979" @default.
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