Word: conservationism
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The U.S. was heading into a troublesome energy shortage before Arab nations clamped an embargo on oil exports last October-and it could still have one now that tankers are again unloading Arab petroleum at American refineries. Indeed, unless Americans continue the conservation habits they learned during the embargo crisis...
That is the majority view of Government and private energy experts. So far, it seems to be making only a moderate impression on a public thankful that the energy crisis is over, as it indeed is. At the height of the crisis in late winter, soaring oil prices, abrupt layoffs...
Uncertain Imports. Yet the factors that were producing a squeeze before the embargo still remain. The U.S. normally burns about 17 million bbl. of oil per day but produces only 11 million bbl., leaving the nation uncomfortably dependent on uncertain and costly imports. U.S. refineries do not have enough capacity...
The importance of continued conservation is underscored by two sets of estimates from the Federal Energy Office. If demand is unconstrained, FEO figures, petroleum supply this quarter will fall 6% short of potential use. The shortfall would be 3% in the third quarter and 4% in the fourth. Gasoline shortages...
CONSOLIDATED EDISON spokesmen also enjoy denying that the project will cause any adverse environmental effects. The company will cite upon request a study by the New York State Conservation Department, the U.S. Fish and Wildlife Service and the U.S. Bureau of Sport Fisheries indicating that only 2.5 per cent of...