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OverviewOver the past six decades federal regulatory agencies have attempted different strategies to regulate the natural gas industry in the United States. All have been unsuccessful, resulting in nationwide gas shortages or massive gas surpluses and costing the nation scores of billions of dollars. In addition, partial deregulation has led the regulatory agency to become more involved in controlling individual transactions among gas producers, distributors, and consumers. In this important book, Paul MacAvoy demonstrates that no affected group has gained from these experiments in public control and that all participants would gain from complete deregulation. Although losses have declined with partial deregulation in recent years, current regulatory practices still limit the growth of supply through the transmission system. MacAvoy's history of the regulation of natural gas is a cautionary tale for other natural resource or network industries that are regulated or are about to be regulated. Full Product DetailsAuthor: Paul W. MacAvoyPublisher: Yale University Press Imprint: Yale University Press Dimensions: Width: 15.60cm , Height: 0.20cm , Length: 23.50cm Weight: 0.363kg ISBN: 9780300083811ISBN 10: 0300083815 Pages: 160 Publication Date: 11 January 2001 Audience: College/higher education , Professional and scholarly , Undergraduate , Postgraduate, Research & Scholarly Format: Hardback Publisher's Status: Active Availability: Manufactured on demand  We will order this item for you from a manufactured on demand supplier. Table of ContentsReviewsAuthor InformationPaul W. MacAvoy is Williams Brothers Professor of Management Studies and former dean of the School of Management, Yale University. Tab Content 6Author Website:Countries AvailableAll regions |
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