Show The Department of Commerce Commerce Commerce Com Com- merce projects that if current trends continue imports could exceed 13 million barrels of oil per day in 1985 At that level even with a billion barrels in storage the economic consequence consequence consequence conse conse- quence of a 50 per cent effective effective effective tive embargo would involve a Gross National Product loss of more than 50 billion in the first year and a loss of more than 1 13 3 million jobs Coal reserves in the US U.S. amount to three times the energy energy energy en en- ergy contained in the Middle East's oil reserves and currently current current- ly account for more than 90 per cent of the US U.S. proven energy energy energy en en- ergy reserves |