following state-level legislation that ended cost-of-service regulation of electricity generation. I find that deregulated …

most important single factor. This framework is then used to calculate the economic cost of an electrification mandate for …

marginal social cost. Third, benefits to CARE customers need to increase by 6% to offset the costs of the program …

This paper measures the extent to which prices exceed marginal costs in the U.S. natural gas distribution market during … the period 1991-2007. We find large departures from marginal cost pricing in all 50 states, with residential and …

cost has been discussed in the literature as a potentially important component of the total welfare loss from price … data for the U.S. residential market for natural gas which was subject to price ceilings during 1954-1989. This market is … household-level, discrete-continuous model of natural gas demand, we estimate that the allocative cost in the U.S. residential …

upstream natural gas spot market. We estimate that the elasticity of demand for residential natural gas is between -0.23 and -0 …

analyze three key stages of gas production: drilling wells, completing wells, and producing natural gas from the completed … wells. We find that the important margin is drilling investment, and neither production from existing wells nor completion … times respond strongly to prices. We estimate a long-run drilling elasticity of 0.7 for both conventional and unconventional …