United States Energy Policy: The Translucent Hand and the Art of Muddling Through

Edward W. Erickson
Additional contact information
Edward W. Erickson: North Carolina State University

Cato Journal, 1981, vol. 1, issue 2, 609-627

Abstract: The United States has been searching for some years for a viable energy policy. Energy policy became a matter of prominence in the early 1970s, when world oil prices began to climb and OPEC emerged as a front-page phenomenon and a familiar topic on the evening news. This is not to say that there were no substantive energy policy issues that antedated the oil price explosion and the takeover of the world oil market by the producing nations. Indeed, such energy policy problems as natural gas pricing, oil import policy, the tax treatment of income from oil and gas production, public lands and the leasing of the Outer Continental Shelf, and interfuel competition, for example, already had a long history before energy became a fashionable issue. But energy policy had seemed to involve arcane issues that were often submerged in a general perception that world oil supplies were available in unlim- ited quantities at bargain-basement prices forever...

Keywords: energy policy; regulation; government (search for similar items in EconPapers)
Date: 1981
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.cato.org/sites/cato.org/files/serials/f ... 1981/11/cj1n2-14.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cto:journl:v:1:y:1981:i:2:p:609-627

Access Statistics for this article

Cato Journal is currently edited by James A. Dorn

More articles in Cato Journal from Cato Journal, Cato Institute Contact information at EDIRC.
Bibliographic data for series maintained by Emily Ekins ().