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- W22020013 abstract "Over the past nine or so years, the United States has focused a large portion of its national attention on energy concerns. Indeed, the world economy is in the midst of an economic revolution over the value of one of its most important inputs. A new economic reality that once cheap energy sources that fuel the world economy are becoming more and more expensive has forced much of the world, and especially the United States, to reevaluate its policies on energy sources and uses. This reevaluation has been difficult. Although haggling over tactics has consumed a large portion of the reevaluation debate on natural gas policy in the United States, the basic issue has been efficiency versus equity. Government policymakers have attempted to balance these two oftencontractory concepts, from the Natural Gas Act of 1938, which introduced federal regulation of the transportation of interstate natural gas, to the Natural Gas Policy Act of 1978, which was designed to bring federal regulation of natural gas into line with its increasing value. The Reagan administration has instituted a detailed review of federal natural gas policy which focuses on policy and pricing alternatives to the NGPA-mandated partial decontrol of natural gas in 1985. This review was initiated for three reasons. First, the administration has shown a commitment to evaluate the costs and benefits of massive federal intervention into economic markets. Second, the NGPA provisions designed to gradually bring order to the natural gas market have been undermined by changing world energy market conditions. Finally, natural gas is seen as a potential" @default.
- W22020013 created "2016-06-24" @default.
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- W22020013 date "2016-01-01" @default.
- W22020013 modified "2023-09-27" @default.
- W22020013 title "The Effects of Decontrol Policy Options" @default.
- W22020013 hasPublicationYear "2016" @default.
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