Energy policy and deregulation: two hot topics, or does smoke necessarily mean there's fire

Conference · Mon Jan 01 04:00:00 EST 1979 · Growth and Change; (United States)

OSTI ID:6235092

Wright, A W

Pervasive energy regulation is seen as explaining, but not necessarily causing, the energy problems of shortages in interstate natural gas, shortages of domestic crude oil, and the slow response of investors to rapidly rising energy prices. The author examines current regulation and concludes that, while deregulation of oil and gas is necessary for economic efficiency and probably necessary for reasons of equity, it will not take place unless there are basic policy changes in the world oil market and U.S. prices. He projects a healthy, politically oriented Department of Energy, which will probably increase regulation of energy industries without significantly affecting the U.S. energy problems. A comment by Walter J. Mead concurs with this analysis. 45 references.

• Research Organization: Purdue Univ., Lafayette, IN
• OSTI ID: 6235092
• Conference Information: Journal Name: Growth and Change; (United States) Journal Volume: 10:1
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
021000 -- Petroleum-- Legislation & Regulations
03 NATURAL GAS
031000 -- Natural Gas-- Legislation & Regulations
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
293000* -- Energy Planning & Policy-- Policy
Legislation
& Regulation
DEREGULATION
ECONOMIC ANALYSIS
ECONOMICS
EFFICIENCY
ENERGY POLICY
ENERGY SHORTAGES
GOVERNMENT POLICIES