TITLE

The Allocation of Energy Resources

AUTHOR(S)
Norhaus, William D.
PUB. DATE
September 1973
SOURCE
Brookings Papers on Economic Activity;1973, Issue 3, p529
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Examines the allocation of energy resources in the United States. How some are worrying about the exhaustion of petroleum supplies; Discussion of the role of markets for resources; Details on the efficient allocation of energy resources; Recoverable energy resources in the world; Technologies used in processing energy resources; Cost of intermediate energy products without the cost of royalties; Terminal conditions and discount rates or backstop technology; Environmental constraints; Results of the basic case which states there are sufficient energy resources for two hundred years; Exploration of gasoline pricing; Role of foreign trade; Implications for energy policy.
ACCESSION #
12886505

 

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