Oil Pipeline Deregulation


Book Description




Oil Pipeline Deregulation


Book Description




Oil Pipeline Deregulation


Book Description




Regulatory Risk: Economic Principles and Applications to Natural Gas Pipelines and Other Industries


Book Description

It is common to assert that utility investors are compensated in the allowed rate of return for the risk of large disallowances, such as arise for investments found imprudent or not `used and useful'. However, this book develops a new theory of asymmetric regulatory risk that shows that infallible estimates of the cost of capital are sure to provide downward-biased estimates of the necessary allowed rates of return in the presence of such regulatory risks. The book uses the new theory of regulatory risk to understand recent developments in the risk of natural gas pipelines and other regulated industries.







Oil Pipeline Deregulation


Book Description




New Horizons in Natural Gas Deregulation


Book Description

In the natural gas industry, competition and contracting are gradually replacing monopoly and regulation. In this volume, many leading economists who follow the gas industry present their views on current and future industry trends. To help regulators and industry leaders better understand these changes and to reform regulation, the authors apply economic theories of contestable markets, public choice, transaction costs and dynamic entrepreneurship to the gas industry. The issues addressed in this work are crucial, not just for the gas industry, but for all industries that have traditionally been treated as regulated monopolies.




The Deregulation of Natural Gas


Book Description




U.S. Oil Pipeline Markets


Book Description

This study uncovers these segments for the first time, taking up such basic subjects as the structure of pipeline markets, pricing strategies and the level of competition in the industry, and the effects of public policy alternatives - ranging from uniform, industry-wide regulation to complete deregulation - on market performance.