The classical price competition model (named after Bertrand) prescribes that in equilibrium prices are equal to … marginal costs. Moreover, prices do not depend on the number of competitors. Since this outcome is not in line with real …

first quarter 1999, however, are preliminary EIA estimates (for example, some monthly values for petroleum supply and … forecasting system (STIFS) database, are mostly EIA data regularly published in the Monthly Energy Review, Petroleum Supply … crude oil, energy product prices, and other assumptions which may affect the macroeconomic outlook. By varying the …

in five sections: Initial Estimates; Summary Statistics; Crude Oil Prices; Prices of Petroleum Products; Volumes of …

in five sections: Initial Estimates; Summary Statistics; Crude Oil Prices; Prices of Petroleum Products; Volumes of …

. Since that time, oil prices have slipped, the general rate of inflation has abated, domestic electric power consumption has …-term aberrations or represent a fundamental shift in the long-term energy supply and demand balance is beyond the scope of this report …. Although the present depressed avoided electric energy prices are not consistent with the projections on which this report …

natural gas prices are discussed. In the State of California, the agency responsible for the official forecast is the … establishes the forecast of natural gas prices in addition to other parameters which are used in the planning process. The … service area forecast indicates a bottoming of the gas price in 1994 at $2.50/mmbtu. Recent prices in 1992 are already at …

success of that government program. When the prices of oil dropped in the 1980s, many geothermal operators left the industry …

? Not likely. For all of its risk aversion, SDG&E still remains one of the best potential markets for any energy producer. A …