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- W1586019092 abstract "A new approach is needed in the energy decision-making process to cope with new problems that will not respond to traditional methods. The conversion of the petroleum industry to synfuels shifts the capital risks from the exploratory stage to front-end development and the source of profits from exploratory success to processing success. Synfuels will require the petroleum industry to make rapid technological changes compared to the evolutionary changes brought on by the introduction of electricity and the automobile. Enormous corporate failures are possible if the synfuel technology fails, but the rules for evaluating investment decisions over time are no longer appropriate to these new needs and uncertainties." @default.
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- W1586019092 date "1979-08-01" @default.
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- W1586019092 title "New challenges to management in the synfuels revolution" @default.
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