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The importance of energy to the functioning of any economy has meant that energy industries are amongst the most regulated of industries. What might appear to be purely private decisions are made within a complex and evolving web of government regulations. Petropolitics: Petroleum Development,...
Persistent link: https://www.econbiz.de/10012705659
Evidence to support or deny expectations of future scarcity or abundance of crude oil must show whether crude oil supply functions are shifting and, if so, in what direction. The authors estimate oil supply functions for 41 countries for which suitable data are available. Because of the poor...
Persistent link: https://www.econbiz.de/10005134400
The first half of the 1980s was marked by bitter federal-provincial conflicts over the distribution of energy revenues. It is often argued that the introduction of the National Energy Program in October 1980 ushered in a period where the federal government's vision of an equitable distribution...
Persistent link: https://www.econbiz.de/10008510511