Worldwide Energy Demand and Supply

Medium-Term Forecasts

Horst Mendershausen

ResearchPublished 1977

A discussion of forecasts to 1985 and 1990 by governmental, intergovernmental, major oil companies and other expert sources. They all are based on the assumption that society pursues an essentially conventional course with respect to energy technology, distribution, use, and institutional arrangements. Detailed tables are included that show the energy balances for the United States, OECD countries, Japan, and the OPEC Coalition. These outline the supply/demand in millions of barrels per day of oil equivalent for various energy sources. The author discusses the strengths and weaknesses of the forecasts and mentions future possibilities that could modify the predictions, such as OPEC countries not having the production capacity to meet demand in 1985-1990, and failures by various countries to meet their increased nuclear energy goals. The world is not running out of oil, but out of cheap oil, and the prospects over the next few decades are for increasingly expensive energy sources.

Order a Print Copy

Format
Paperback
Page count
26 pages
List Price
$20.00
Buy link
Add to Cart

Document Details

  • Copyright: RAND Corporation
  • Availability: Available
  • Year: 1977
  • Print Format: Paperback
  • Paperback Pages: 26
  • Paperback Price: $20.00
  • Document Number: P-5862

Citation

RAND Style Manual
Mendershausen, Horst, Worldwide Energy Demand and Supply: Medium-Term Forecasts, RAND Corporation, P-5862, 1977. As of September 5, 2024: https://www.rand.org/pubs/papers/P5862.html
Chicago Manual of Style
Mendershausen, Horst, Worldwide Energy Demand and Supply: Medium-Term Forecasts. Santa Monica, CA: RAND Corporation, 1977. https://www.rand.org/pubs/papers/P5862.html. Also available in print form.
BibTeX RIS

This publication is part of the RAND paper series. The paper series was a product of RAND from 1948 to 2003 that captured speeches, memorials, and derivative research, usually prepared on authors' own time and meant to be the scholarly or scientific contribution of individual authors to their professional fields. Papers were less formal than reports and did not require rigorous peer review.

This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit www.rand.org/pubs/permissions.

RAND is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.