National energy policy plans: a critique

Journal Article · · Transport. J.; (United States)

OSTI ID:7317944

Cicchetti, C

The Nixon-Ford administrations asked Americans to accept an expensive and inappropriate energy policy in the concept of Project Independence, according to Mr. Cicchetti. He further feels that policy errors have served to drain domestic resources, reduce supplies from Canada and the Middle East, pass up the better Trans-Canadian Pipeline route in favor of the ill-conceived Trans-Alaska route, and discourage natural gas production by promising future high prices. Current policies rely heavily on the government and on the cooperation of energy industries rather than the competition of a free enterprise system. Federal Energy Administration (FEA) policies, instead of attaining the goal of independence, have reduced domestic production and increased dependence on imports. Mr. Cicchetti's recommendations for an appropriate policy are: (1) establish a single crude oil price system; (2) establish a mechanism to offset the impact of higher import prices; (3) disband the FEA and shift its programs to a redirected ERDA; (4) eliminate crude oil allocations and entitlements, followed by petroleum product allocations and state set-aside; and (5) phase out price controls and multi-tier pricing. (DCK)

• Research Organization: Univ. of Wisconsin, Madison
• OSTI ID: 7317944
• Journal Information: Transport. J.; (United States), Journal Name: Transport. J.; (United States) Vol. 16:2; ISSN TRNJA
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
292000 -- Energy Planning & Policy-- Supply
Demand & Forecasting
293000* -- Energy Planning & Policy-- Policy
Legislation
& Regulation
ALLOCATIONS
CHARGES
ECONOMIC POLICY
ECONOMICS
ENERGY DEPENDENCE
ENERGY POLICY
GOVERNMENT POLICIES
INTERNATIONAL COOPERATION
INTERNATIONAL ORGANIZATIONS
LEGISLATION
NATIONAL ORGANIZATIONS
OPEC
PIPELINES
PLANNING
PRODUCTION
PROJECT INDEPENDENCE
RECOMMENDATIONS
REGULATIONS
US ERDA
US FEA
US ORGANIZATIONS