The Energy Question Volume Two: North America: An International Failure of Policy
The so-called energy crisis that burst upon the world in 1973 was not easily understood by many people. It was neither 'the beginning of the end' nor the first encounter by modern man with the natural result of his prodigality. These papers, collected in two volumes, from energy economists...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
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Toronto
University of Toronto Press
[2019]
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| Schriftenreihe: | Heritage
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| Online-Zugang: | FAW01 FHA01 FKE01 FLA01 UPA01 UBG01 FAB01 FCO01 Volltext |
| Zusammenfassung: | The so-called energy crisis that burst upon the world in 1973 was not easily understood by many people. It was neither 'the beginning of the end' nor the first encounter by modern man with the natural result of his prodigality. These papers, collected in two volumes, from energy economists in the United States, Canada, and Britain all indicate that the 'crisis' was and is a short-run problem caused by government action or inaction. The problem may be complex, but it was mishandled, particularly by the United States, in terms of government policy. The rise in the price of, and the embargo on, oil came into being because of a successful producers' cartel outside North America; oil buyers - nations and companies - did not respond in kind but scurried around the world in separate planes in order to ensure supplies for themselves at any price. That price became many times the cost-of-production price, despite the fact that cool analysis reveals an increase in both production and reserves in most areas of the world. The shortage of refined oil products for consumers are attributable partly to the embargo, but also to a shortage of refineries and bottlenecks in transportation - some of which have been induced by government uncertainties over recent years. Proper government policies are now required. The thirty-six papers in the two books treat a multitude of topics related to the question of energy as seen from the stance of the economist. All sources of energy are considered, as are the markets in major areas of the world; past policies are analysed, and future policies recommended. It is hoped that the volumes, giving the background to the energy problems of the immediate future and a menu of prescriptions for their solution, will interest businessmen, market analysts, and policy-makers as well as economists, teaching or learning, in many parts of the world |
| Beschreibung: | Description based on online resource; title from PDF title page (publisher's Web site, viewed 26. Mrz 2019) |
| Beschreibung: | 1 online resource |
| ISBN: | 9781487595036 |
| DOI: | 10.3138/9781487595036 |
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| 520 | |a The so-called energy crisis that burst upon the world in 1973 was not easily understood by many people. It was neither 'the beginning of the end' nor the first encounter by modern man with the natural result of his prodigality. These papers, collected in two volumes, from energy economists in the United States, Canada, and Britain all indicate that the 'crisis' was and is a short-run problem caused by government action or inaction. The problem may be complex, but it was mishandled, particularly by the United States, in terms of government policy. The rise in the price of, and the embargo on, oil came into being because of a successful producers' cartel outside North America; oil buyers - nations and companies - did not respond in kind but scurried around the world in separate planes in order to ensure supplies for themselves at any price. That price became many times the cost-of-production price, despite the fact that cool analysis reveals an increase in both production and reserves in most areas of the world. The shortage of refined oil products for consumers are attributable partly to the embargo, but also to a shortage of refineries and bottlenecks in transportation - some of which have been induced by government uncertainties over recent years. Proper government policies are now required. The thirty-six papers in the two books treat a multitude of topics related to the question of energy as seen from the stance of the economist. All sources of energy are considered, as are the markets in major areas of the world; past policies are analysed, and future policies recommended. It is hoped that the volumes, giving the background to the energy problems of the immediate future and a menu of prescriptions for their solution, will interest businessmen, market analysts, and policy-makers as well as economists, teaching or learning, in many parts of the world | ||
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Datensatz im Suchindex
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| author2 | Erickson, Edward Waverman, Leonard |
| author2_role | edt edt |
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| spelling | The Energy Question Volume Two North America: An International Failure of Policy Leonard Waverman, Edward Erickson Toronto University of Toronto Press [2019] © 1974 1 online resource txt rdacontent c rdamedia cr rdacarrier Heritage Description based on online resource; title from PDF title page (publisher's Web site, viewed 26. Mrz 2019) The so-called energy crisis that burst upon the world in 1973 was not easily understood by many people. It was neither 'the beginning of the end' nor the first encounter by modern man with the natural result of his prodigality. These papers, collected in two volumes, from energy economists in the United States, Canada, and Britain all indicate that the 'crisis' was and is a short-run problem caused by government action or inaction. The problem may be complex, but it was mishandled, particularly by the United States, in terms of government policy. The rise in the price of, and the embargo on, oil came into being because of a successful producers' cartel outside North America; oil buyers - nations and companies - did not respond in kind but scurried around the world in separate planes in order to ensure supplies for themselves at any price. That price became many times the cost-of-production price, despite the fact that cool analysis reveals an increase in both production and reserves in most areas of the world. The shortage of refined oil products for consumers are attributable partly to the embargo, but also to a shortage of refineries and bottlenecks in transportation - some of which have been induced by government uncertainties over recent years. Proper government policies are now required. The thirty-six papers in the two books treat a multitude of topics related to the question of energy as seen from the stance of the economist. All sources of energy are considered, as are the markets in major areas of the world; past policies are analysed, and future policies recommended. It is hoped that the volumes, giving the background to the energy problems of the immediate future and a menu of prescriptions for their solution, will interest businessmen, market analysts, and policy-makers as well as economists, teaching or learning, in many parts of the world In English BUSINESS & ECONOMICS / Economics / Theory bisacsh Energy policy Petroleum industry and trade Power resources Erickson, Edward edt Waverman, Leonard edt https://doi.org/10.3138/9781487595036 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | The Energy Question Volume Two North America: An International Failure of Policy BUSINESS & ECONOMICS / Economics / Theory bisacsh Energy policy Petroleum industry and trade Power resources |
| title | The Energy Question Volume Two North America: An International Failure of Policy |
| title_auth | The Energy Question Volume Two North America: An International Failure of Policy |
| title_exact_search | The Energy Question Volume Two North America: An International Failure of Policy |
| title_full | The Energy Question Volume Two North America: An International Failure of Policy Leonard Waverman, Edward Erickson |
| title_fullStr | The Energy Question Volume Two North America: An International Failure of Policy Leonard Waverman, Edward Erickson |
| title_full_unstemmed | The Energy Question Volume Two North America: An International Failure of Policy Leonard Waverman, Edward Erickson |
| title_short | The Energy Question Volume Two |
| title_sort | the energy question volume two north america an international failure of policy |
| title_sub | North America: An International Failure of Policy |
| topic | BUSINESS & ECONOMICS / Economics / Theory bisacsh Energy policy Petroleum industry and trade Power resources |
| topic_facet | BUSINESS & ECONOMICS / Economics / Theory Energy policy Petroleum industry and trade Power resources |
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