Thinking Through the Energy Problem

balance of payments CALIFORNIA/SANTA CRUZ UNIVERSITY coal Committee for Economic conservation consumption cost of fuel countries CRUZ The University Cummins Engine Company decade decisions demand Design Committee distribution domestic energy domestic fuel eight million barrels electricity energy prices energy problem environmental estimate foreign policy fossil fuels fuel prices gasoline growth heating impact imported oil income protection inflation insulated International Energy Agency investment issues John Fitzgerald Kennedy Library The University liquid fuel macroeconomic magnitude market price ment Middle East National Energy Plan natural gas oil and gas oil imports old oil OPEC petroleum political price control price increases price of oil price regulation price system production Professor Schelling quantities reduce imports refineries research and development reserves response SANTA CRUZ Saudi Arabia subsidized substantially sumers tion today's U.S. economy University Library UNIVERSITY UNIVERSITY OF CALIFORNIA/SANTA vulnerability wellhead world energy world price worldwide