1976Energy User News; (United States)Requires access

Industry confused by lack of U. S. energy policy

G.N. Tiberio

Open publisher page 0 citations

Abstract

Industries need a clear national energy policy in order to make forecasts on types and quantities or prices of fuels they can expect to be available. Confusion results from overlapping authority and varied, often conflicting, regulations. Legislation intended to develop energy sources has been counter-productive because of controversy over price regulation and the elimination of tax incentives and potential capital. The stimulation needed for developing energy supplies would come with a free market, which would have the added advantage of price-induced conservation. Recommended government policies include (1) end-use plans for curtailing natural gas, (2) removal of allocation and price controls on petroleum products, (3) a moratorium on new natural gas attachments, (4) conversion of boilers to other fuels, (5) resolution of regulatory and environmental obstacles to electric power development, (6) energy prices based on cost-of-service rather than peak-load or incremental principles, (7) resolution of a route for the Alaskan gas pipeline, and (8) realistic environmental and safety regulations for coal mining. (DCK)

About this research paper

What this paper is about

Industries need a clear national energy policy in order to make forecasts on types and quantities or prices of fuels they can expect to be available. Confusion results from overlapping authority and varied, often conflicting, regulations. Legislation intended to develop energy sources has been counter-productive because of controversy over price regulation and the elimination of tax incentives and potential capital. The stimulation needed for developing energy supplies would come with a free market, which would have the added advantage of price-induced conservation. Recommended government policies include (1) end-use plans for curtailing natural gas, (2) removal of allocation and price controls on petroleum products, (3) a moratorium on new natural gas attachments, (4) conversion of boilers to other fuels, (5) resolution of regulatory and environmental obstacles to electric power development, (6) energy prices based on cost-of-service rather than peak-load or incremental principles, (7) resolution of a route for the Alaskan gas pipeline, and (8) realistic environmental and safety regulations for coal mining. (DCK)

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

Industries need a clear national energy policy in order to make forecasts on types and quantities or prices of fuels they can expect to be available. Confusion results from overlapping authority and varied, often conflicting, regulations. Legislation intended to develop energy sources has been counter-productive because of controversy over price regulation and the elimination of tax incentives and potential capital. The stimulation needed for developing energy supplies would come with a free market, which would have the added advantage of price-induced conservation. Recommended government policies include (1) end-use plans for curtailing natural gas, (2) removal of allocation and price controls on petroleum products, (3) a moratorium on new natural gas attachments, (4) conversion of boilers to other fuels, (5) resolution of regulatory and environmental obstacles to electric power development, (6) energy prices based on cost-of-service rather than peak-load or incremental principles, (7) resolution of a route for the Alaskan gas pipeline, and (8) realistic environmental and safety regulations for coal mining. (DCK)

Key concepts: Energy policy, Legislation, Incentive, Natural gas, Order (exchange), Business, Economics, Natural resource economics

Related papers

Back to paper searchBrowse research topicsOriginal source
Industry confused by lack of U. S. energy policy — Research Paper | ScholarLens