Drawing on extensive empirical research over the last decade, this paper analyses the changes in the corporate structure of the North American natural gas industry which have been stimulated by liberalisation, and considers whether they are likely to be imitated in the context of the increasing...

The UK has been at the forefront of the liberalisation of energy industries, privatising and then, over more than two decades, progressively ceding energy policy to market forces. Drawing a parallel between the effect of liberalisation on energy markets with the effect of liberalisation on...

In May 2001, the US Government's National Energy Policy Development Group proposed to increase investment in domestic oil resources and to diversify further the sourcing of US oil imports by increasing production in new petroleum provinces. The paper argues that both strands of this policy are...