Abstract
Until mankind finds properties in materials that are useful and usable under given economic conditions, these materials are not resources. In the past, many of them became usable as the ones they replaced became scarce and expensive. Market induced R & D toward profit seeking and cost minimization hastens to incorporate currently unused materials into the productive processes. With the increase in oil and natural gas prices, hitherto untapped energy sources present themselves as attractive alternatives. There will be no permanent shortage of energy resources, and the current energy crisis will be a page of past history in the foreseeable future.
Recommended Citation
Shen, Raphael, "Usable Energy Resources Expand Under the Economic Pressures of Fuel Scarcity" (1978). UMR-MEC Conference on Energy / UMR-DNR Conference on Energy. 439, pp. 684-694.
https://scholarsmine.mst.edu/umr-mec/439
Meeting Name
5th Annual UMR-DNR Conference on Energy (1978: Oct. 10-12, Rolla, MO)
Document Type
Article - Conference proceedings
Session
Energy Resources Exploration and Extraction
Document Version
Final Version
File Type
text
Language(s)
English
Rights
© 1978 University of Missouri--Rolla, All rights reserved.
Publication Date
12 Oct 1978
