Abstract
Most of you are probably wondering why somebody would talk about the future of energy in the Southwest. You may have concluded that there is no future for energy in the Southwest.
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Notes
This speech was cowritten by Stephen P.A. Brown and Keith R. Phillips.
See Keith R. Phillips, `Energy and the Southwest Economy, “The Southwest Economy, Federal Reserve Bank of Dallas, November 1989.
These prices and all subsequent prices are in 1988 dollars.
See Hillard Huntington, ed.,`Model Comparison Figures, “EnergyModeling Forum 11, Stanford University, presented at Working Group Meeting #2,John F. Kennedy School of Government, Harvard University, September 1989. At the September 1989 meeting of EMF 11,price forecasts for the year 2000 were evenly distributed throughout a range from $15 per barrel to $35 per barrel. By the March 1990 meeting of EMF 11, several analysts revised their oil price forecasts upward in the range. See Hillard Huntington, ed., `Model Comparison Figures,“Energy Modeling Forum 11, Working Group Meeting #3, Stanford University, March 1990.
See Stephen P.A. Brown and Keith R. Phillips,“An Econometric Analysis of U.S. Oil Demand,” Research Paper no. 8901, Federal Reserve Bank of Dallas, January 1989 (revised April 1989).
See Stephen P. A. Brown and Keith R. Phillips,“Oil Demand and Prices in the 1990s,” Federal Reserve Bank of Dallas Economic Review, January 1989.
Rigs are equipment used in exploring or developing oil fields.
These estimates include reserves and inferred and indicated economically recoverable resources in place. See `Estimates of Undiscovered Conventional Oil and Gas Resources in the United States—A Part of the Nation’s Energy Endowment,“ US. Department of the Interior,U.S. Geological Survey, Minerals Management Service.
For a long-term outlook for the Southwest economy,see Stephen P. A. Brown and Lea Anderson,“The Future of the Southwest Economy, ”The Southwest Economy, Federal Reserve Bank of Dallas, November 1988.
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Brown, S.P.A. (1991). Energy in the Future of the Southwest. In: O’Driscoll, G.P., Brown, S.P.A. (eds) The Southwest Economy in the 1990s: A Different Decade. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-4040-3_16
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DOI: https://doi.org/10.1007/978-1-4615-4040-3_16
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