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Lack of energy policy clouds modest gain

Joshua Floyd

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Abstract

This paper reports that, without a national policy some form of relief for the domestic side of the petroleum and natural gas industry, only modest improvement can be expected. Gas prices are expected to improve, but significant increases will not occur until 1995. Companies will shift their budgets toward exploration in foreign regions, and the greening of corporate America will continue.

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What this paper is about

This paper reports that, without a national policy some form of relief for the domestic side of the petroleum and natural gas industry, only modest improvement can be expected. Gas prices are expected to improve, but significant increases will not occur until 1995. Companies will shift their budgets toward exploration in foreign regions, and the greening of corporate America will continue.

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Available abstract

This paper reports that, without a national policy some form of relief for the domestic side of the petroleum and natural gas industry, only modest improvement can be expected. Gas prices are expected to improve, but significant increases will not occur until 1995. Companies will shift their budgets toward exploration in foreign regions, and the greening of corporate America will continue.

Key concepts: Natural gas, Petroleum, Business, Oil and natural gas, Natural resource economics, Energy policy, Petroleum industry, Fossil fuel

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