Petroleum Supply/Demand Estimates and Cost of Petroleum Imports, 1978--1980

摘要

Results of the analysis show that petroleum imports to the 50-State/D.C. area covered by the DOE import statistics are expected to average 8.1 to 8.3 million barrels daily in 1978. The cost of petroleum imports to the U.S. balance of payments area, including net imports to U.S. territories such as Puerto Rico and Virgin Islands is expected to be $44 to $45 billion in 1978, expressed in constant dollars observed in the first half of 1978. Imports into the 50-State/D.C. area are expected to rise to the range of 9 to 9.4 million barrels daily in 1979 and to 10 to 10.6 million barrels daily in 1980. The cost of imports to the balance of payments area is expected to range between $49 and $51 billion in 1979 and between $54 and $57 billion in 1980 in first half of 1978 dollars. (ERA citation 04:021463)