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Title: Economic Impacts of U.S. Liquid Fuel Mitigation Options
Publication Number: DOE/NETL-2006/1237
Publication Date: 07/2006
Publication Type: Report/Publication
Contact: Chris Nichols
Program/Technology: Oil & Natural Gas
Carbon Sequestration
Hydrogen & Clean Fuels
Author: Roger H. Bezdek (MIS)
Charles J. Drummond (NETL)
Robert L. Hirsch (MIS)
Robert M. Wendling (MIS)
Synopsis:

This study assesses the economic implications of simultaneous crashes in the supply and demand sides of the economy; emulating a rapid reduction of U.S. dependence on imported oil. The report identifies the infrastructure needed to conduct this undertaking, and considers four options to mitigate dependence on imported oil: Vehicle fuel efficiency (VFE), Coal liquefaction (coal-to-liquids or CTL), Oil shale, and Enhanced oil recovery (EOR). The results of this study summarize what can be accomplished under optimal circumstances.

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