Synopsis Of Energy Facts And Projections From The 1978 Annual Report To Congress PDF Download

The purpose of the ARC78 forecasts and the ways in which they differ from those in the ARC77 are discussed. In a preliminary overview of the projection process, the relationship between energy prices, supply, and demand is addressed. Topics treated in detail include a description of energy-economic interactions, assumptions regarding world oil prices, and energy modeling in the long term beyond 1995. Subsequent sections present the general approach and methodology underlying the forecasts, and define and describe the alternative projection series and their associated assumptions. Short-term forecasting, midterm forecasting, long-term forecasting of petroleum, coal, and gas supplies are included. The role of nuclear power as an energy source is also discussed.