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)

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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