U.S. Energy: Aviation Perspective,
FEDERAL AVIATION ADMINISTRATION WASHINGTON DC OFFICE OF ENVIRONMENT AND ENERGY
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This report is a sequelupdate of The Impact of Petroleum, Synthetic and Cryogenic Fuels on Civil Aviation, DOTFAAEM-8229, June, 1982. Where the earlier report is more concerned with energy resources and availability, this report is more concerned with energy supplydemand balance and with prices. The report reviews world and U.S. energy, U.S. transportation energy, aviation fuel, natural gas, alternative fuels and energy sources, synthetic fuels, aviation fuel conservation, and petroleum price vulnerability. It draws heavily on The National Energy Policy Plan of 1983 and its supporting documents. World oil production and prices should remain generally steady for thirty to fifty years, growing slightly faster than the world economy. Near-term prices should be softer. OPEC can raise prices whenever demand for its production exceeds 80 of OPEC production capacity. The U.S. could delay or reverse future price rises by encouraging, or at least reducing restrictions against, domestic production. All future energy forecasts are risky. A disruption in crude production at any time until at least year 2000, can easily increase fuel prices by 100.
- Economics and Cost Analysis