I |
Introduction |
3 |
II |
Summary |
9 |
|
Introduction |
9 |
Major Findings |
9 |
Specific Findings |
17 |
|
Replacing Oil Through Energy Technologies |
17 |
Macroeconomic Impacts |
23 |
Environmental Impacts |
23 |
Longer Term Effects |
24 |
Policy |
25 |
|
Policy Strategy |
26 |
Advance Preparation for an Oil Supply Shortfall |
29 |
Measuring the Rate of Oil Replacement |
31 |
Selected Regional and International Considerations |
33 |
|
|
Table 1. Major Oil Replacement Options |
11 |
Table 2. Estimated investment Costs for
Major Oil Replacement Technologies |
13 |
|
|
Figure 1. Potential Replacement of Oil
Through Fuel Switching and Increased Efficiency |
10 |
Figure 2. Economic Comparison of two Oil
replacement Scenarios |
14 |
Figure 3. Potential Reductions in Oil
Consumption |
20 |
Figure 4. Potential Oil Replacement |
21 |
Figure 5. GNP: Two Shortfall Projections |
21 |
|
III |
U.S. Energy Consumption Patterns, 1952-82 |
39 |
|
Energy Consumption and Intensity
Averaged Over the Entire U.S. Economy |
41 |
Energy Consumption by End-Use Sector |
43 |
|
All Fuels Products |
43 |
Oil Consumption |
43 |
Natural Gas |
44 |
Petroleum Product Mix |
45 |
|
Motor Gasoline |
45 |
Distillate Fuel Oil |
45 |
Residual Fuel Oil |
45 |
Ethane and Liquefied Gases |
46 |
Jet Fuel |
46 |
Other Petroleum Products |
46 |
The Combination of Oil Product Mix and
Four Demand Sectors |
47 |
|
Residential and Commercial Sectors |
47 |
Electric Utilities |
47 |
Transportation |
47 |
Industrial |
48 |
Industrial Sector Energy Intensity |
48 |
Industrial Product Mix Shift |
50 |
Economic Recession and Poductivity Decline |
51 |
|
Table 3. EIA Petroleum Product
Categories |
45 |
Table 4. Refined Petroleum Products
Supplied to End-Use Sectors, by Type, 1982 |
47 |
Table 5. Growth Rates for Alternative
indices of Mining and Manufacturing Output |
51 |
|
|
Figure 6. Total Oil Consumption and
Price per Barrel |
39 |
Figure 7. Total Natural Gas Consumption
and Average Price |
40 |
Figure 8. Average Price of Electricity
Sold by Electric Utilities, 1960-1982 |
40 |
Figure 9. Consumption of Energy by
End-Use Sector |
41 |
Figure 10. Energy Consumption-GNP
Ratios, 1962-82 |
41 |
Figure 11. Energy Use and GNP Growth
Rate Trends, 1952-82 |
42 |
Figure 12. Refined Petroleum Products
Supplies to End-Use Sectors |
44 |
Figure 13. Consumption of Natural Gas by
End-Use Sector |
44 |
Figure 14. Industrial Energy Intensity
Using the FRB Outfit Index |
49 |
Figure 15. Industrial Energy Intensity
Using Census Data |
50 |
Figure 16. Gross National Product
Overtime |
52 |
Figure 17. Total Investment and
Expenditures for Durable Goods |
52 |
|
IV |
Fuel Switching |
57 |
|
Introduction |
57 |
Options Considered |
58 |
Technologies |
59 |
|
Electric Heat Pumps |
59 |
Conversion to Solid Fuels |
60 |
Ethanol |
62 |
Compressed Natural Gas in Motor Vehicles |
64 |
Liquefied Petroleum Gas in Motor Vehicles |
64 |
Mobile Gasifiers |
66 |
|
Fuel and Grain Supplies |
67 |
|
|
Coal |
68 |
Wood and Other Solid Biomass |
69 |
Natural Gas |
70 |
Liquefied Petroleum Gas |
71 |
Enhanced Oil Recovery |
71 |
Grain |
73 |
|
Deployment of Fuel Switching
Technologies |
75 |
|
Electric Utilities |
78 |
Residential and Commercial Space Heat
and Hot Water |
83 |
Industrial Boilers |
86 |
Mobile Engines |
89 |
Summary |
93 |
|
Environmental Impacts |
93 |
|
Appendix A - Reasons for Excluding
Various Oil Replacement Technologies From Detailed Consideration |
94 |
|
Fossil Synthetic Fuels |
94 |
Active Solar Systems |
95 |
Photovoltaics |
95 |
Electricity from Wind |
96 |
Solar Thermal Electric Generation |
96 |
Electric Vehicles |
96 |
Ethanol from Food Process Wastes |
96 |
|
Appendix B - Addition Considerations
Regarding Ethanol's Net Energy Balance |
96 |
V |
Increased Efficiency |
101 |
|
Introduction |
101 |
Buildings |
102 |
|
Heating Oil Conservation |
103 |
Natural Gas Conservation |
106 |
Transportation |
107 |
Industry |
110 |
|
Technologies Available to Reduce Oil Dependence |
111 |
Energy Conservation Potential of Industry |
113 |
Summary |
115 |
|
Table 17. Assume 1985 Oil Consumption in
the Residential and Commercial Sectors, by Region |
103 |
Table 18. Potential Oil Replacement by
Energy Efficiency Invests in the Residential and Commercial Sectors |
104 |
Table 19. Transportation Oil Use by Mode
and Fuel Type, 1980 |
108 |
Table 20. Industrial Users of Residual
Oil for Fuel, 1980 |
111 |
Table 21. Fuel Use Projections |
114 |
|
Figure 35. Automobile Fuel Consumption
Projections, 1985-90 |
109 |
Figure 36. Industrial Energy Demand,
1951-1981 |
110 |
Figure 37. Total Fuel Use Projection |
115 |
Figure 38. Petroleum Fuel Use
Projections |
116 |
Figure 39. Natural Gas Use Projections |
116 |
VI |
Fuel Use Changes and Longer Term Effects |
119 |
|
Fuel Use Changes |
Alternative Scenarios |
121 |
Longer Term Effects |
122 |
|
Table 22. Changes in Fuel Consumption
Through Fuel Switching and conservation |
120 |
|
Figure 40. Potential Replacement of Oil
Through Fuel Switching and Increased Efficiency |
119 |
Figure 41. Potential Reductions in Oil
Consumption |
121 |
|
VII |
Economic Impacts |
127 |
|
Introduction |
127 |
The INFORUM Macroeconomic Model of the
U.S. Economy |
127 |
|
The Macroeconomics Without Energy Detail |
128 |
The INFORUM Energy Skirt |
132 |
|
A Modeling Strategy Based on the OTA
Technology Data Base |
135 |
|
The Energy Sector Guidelines |
135 |
Guidelines for the Rest of the Economy |
139 |
Guidelines for Scenario Integration by Iteration on
Fuel Prices |
141 |
|
Economic Projections |
143 |
|
A Normal Economic Projection: The Reference Case |
143 |
Two Macroeconomic Projections of Oil Import
Shortfall Impacts |
144 |
|
Table 23. Petroleum Products and End
Uses Common to Many Industries |
133 |
Table 24. Illustrative Energy Skirt
Table for 1982: Flows in 1977 Dollars, Quantities and Btus |
134 |
Table 25. Estimated Investment Costs for
Major Oil Replacement Technologies |
138 |
Table 26. Estimated Investment Costs for
Selected Oil Replacement Technologies in Transportation |
138 |
Table 27. Petroleum Uses Largely
Excluded From Technological and Economic Analysis of Oil Replacement |
139 |
Table 28. Petroleum Price Projections:
Real Crude Price Per Barrel and Product Piece Indices |
141 |
Table 29. Product Mix for Personal
Consumption Expenditures After 5 Years |
151 |
Table 30: Product Mix for All Economic
Activity (GNP) 5 Years After Curtailment |
152 |
|
Figure 42. Model of the U.S. Economy |
129 |
Figure 43. 1980 Petroleum Consumption by
Sector |
133 |
Figure 44. Comparison of Shortfall
Projections |
145 |
Figure 45. Comparison of Shortfall
Projections |
145 |
Figure 46. GNP: Two Shortfall
Projections |
145 |
Figure 47. Unemployment: Two Shortfall
Projections |
147 |
Figure 48. Inflation: Two Shortfall
Projections |
148 |
Figure 49. Investment in Producer
Durables |
149 |
Figure 50. Personal Consumption
Expenditures |
150 |
|
Index |
157 |