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Includes results of a comprehensive two-year study analyzing the facts and policy alternatives.
Develops an economic framework for analyzing state regulation of oil and gas and concludes that the regulations fall short of assuring optimum well spacing, production rates, use of associated gas, and exploration.
"Analyzing Demand Behavior: A Study of Energy Elasticities".
A collection of theoretical papers, including contributions by Partha Dasgupta and three Nobel prize-winning economists: Kenneth Arrow, Amartya Sen, and Joseph Stiglitz.
Traces the history and implementation of regulation programs for state crude oil production.
Considers two important social objectives: assuring future energy supplies and protecting the natural environment. This title is suitable for students and interested non-specialists.
"Limiting Oil Imports: An Economic History and Analysis".
By 1985, every oil- and gas-producing state but Texas had passed a 'unitization' statute requiring cooperation among the various owners of oil and gas reserves. Using interviews, legislative transcripts, and statistical data, this title explains why Texas failed to enact such a statute.
Offers a basic understanding of the goals and practices by which the federal government leases its fossil fuel resources and how these practices affect the economy.
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