1974 Forecast: Oil Imports Drop to 10-13% of U.S. Energy by 1985

One of the most optimistic predictions came from Thornton Bradshaw, president of Atlantic Richfield, who thought that the U.S. could reduce its dependence on foreign oil from 18% of total energy consumption now “to perhaps as low as 15% by 1980 and possibly 10% to 13% by 1985.” Most other speakers, including Sawhill, guessed that [...]