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Adjustments In A Farm Business In Response To An Energy Crisis

Author

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  • Burton, Robert
  • Kline, R.G.

Abstract

Effects of the 1973 price increases by the Organization of Petroleum Exporting Countries (OPEC) and the boycott placed on the United States by the OPEC's Arab members awakened Americans to the reality that the U.S. depends on imported petroleum to maintain the present level of energy consumption. Awareness of this domestic energy gap has raised serious questions about the possible impacts of energy crisis conditions on U.S. agricultural production. Agricultural production in the U.S. depends on petroleum products not only for the liquid fuels used by farm machinery, but also for the manufacture of pesticides and nitrogen fertilizer.

Suggested Citation

  • Burton, Robert & Kline, R.G., 1977. "Adjustments In A Farm Business In Response To An Energy Crisis," 1977 AAEA-WAEA Joint Meeting, July 31-August 3, San Diego, California 283576, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea77:283576
    DOI: 10.22004/ag.econ.283576
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    Resource /Energy Economics and Policy;

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