The Rise and Fall of the Residential Oil Market: The Role of Consumers
Lee Schipper and Andrea N. Ketoff
This chapter presents an analysis of oil use for heating in seven OECD countries from 1960 to the present, showing how oil has begun to disappear from this sector after a dramatic rise from the 1950s up to 1973. Since then, through 1981/82, consumption of oil products in these countries has decreased by 13-47 percent; this chapter estimates the share of this decline that is permanent versus the share that may be reversible. Price increases appear to be the most important cause of the decline, but the impact of public policy programs, particularly in Sweden, cannot be ignored.
This report summarizes important findings from our six year study of residential energy consumption in the OECD, using
This work was supported by the Assistant Secretary for Conservation and Renewable Energy, Office of Building Energy Research and Development, Buildings Equipment Division of the Department of Energy, under contract No. DE-AC03-76SF00098. The opinions expressed are strictly those of the authors. We acknowledge the contributions of Peter Goering and Stephen Meyers, and of those who provided data throughout North America and Europe.