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The USA Federal Government has decided to embark on Energy Security for the Nation in order to secure future availability of energy for the country. USA is rich in oil and gas resources, but the goal is for the country to be less energy dependent. The President wants to send a bill to the Congress on this topic for approval. As an Adviser to the President on Energy, He wants you to develop various production scenarios that will secure enough energy for the anticipated Economic and Industrial Growth. The major question you want to help the President to answer is how much of our gas and oil should we be exporting and how much should we keep in reserves for the National consumption for electricity generation, transportation, petrochemical and any other local usage? You may want to use a base population of 170 million in 2016, and a population growth rate of about 3 % per year. You may also want to consider the products yield per barrel of the USA crude oil. Others are gasoline and diesel consumption per capita, and possibility of piping gas to various home for cooking.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91719092

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