Fuel consumption patterns, price trends and prospects for Britain

S. D. Probert and P. B. Russell

Applied Energy, 1986, vol. 22, issue 2, 119-144

Abstract: Difficulties inhibiting inter-fuel substitutions will mean that oil will remain the pace setter for unit energy prices, at least until AD 2010. Because of our over-dependence on this depleting resource, the overall upward trend of unit prices for all fuels, as experienced during the previous decade, will continue, despite short-term falls. However, the price mechanism alone appears to be too blunt an instrument to ensure the rational use of energy.

Date: 1986
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