The conventional power law creep equation (Norton equation) relating the minimum creep rate to creep stress and temperature cannot be used to predict the long-term creep strengths of creep-resistant steels if its parameters are determined only from short-term measurements. This is because the stress exponent and activation energy of creep determined on the basis of this equation depend on creep temperature and stress and these dependences cannot be predicted using this equation. In this work, it is shown that these problems associated with the conventional power law creep equation can be resolved if the new power law equation is used to rationalize the creep data. The new power law creep equation takes a form similar to the conventional power law creep equation but has a radically different capability not only in rationalizing creep data but also in predicting the long-term creep strengths from short-term test data. These capabilities of the new power law creep equation are demonstrated using the tensile strength and creep test data measured for both pipe and tube grades of the creep-resistant steel 9Cr-1.8W-0.5Mo-V-Nb-B (P92 and T92).