Energy Supply And Demand In The Short Term 1979 And 1980

Author : Energy of Information Administration, U.S. Department of Energy
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (14 download)

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Download or read book Short-term Energy Outlook written by Energy of Information Administration, U.S. Department of Energy and published by . This book was released on 1980 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Energy Information Administration (EIA) published an Analysis Report Short -Term Energy Outlook, October 1979, which was the first to use the Short -Term Integrated Forecasting System (STIFS), developed at EIA. It provided quarterly projections for 1979 and 1980 for all energy products and monthly projections of motor gasoline and distillate fuel oil supply and disposition. The October report was designed to analyze important new developments in the petroleum sector, such as the mid -year Organization of Petroleum Export Countries (OPEC) price increases, the spring gasoline shortage, the distillate fuel oil stock build-up, and the recent Presidential decisions to accelerate decontrol of domestic crude oil prices and to limit the volume of U.S. petroleum imports. The impact of these developments in the petroleum sector on non -petroleum products were analyzed within the STIFS framework. This report provides revised, quarterly projections for 1980 and the first quarter of 1981 for all major energy products, and it provides monthly projections for gasoline and distillate fuel oil. The revised projections take into account recent and anticipated developments affecting the domestic energy situation, such as the latest OPEC pricing policy and the Nuclear Regulatory Commission decisions on nuclear power. The forecast also reflects recent changes in the economic outlook and changes in the outlook for domestic energy production.