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Book Synopsis
Energy supplies and prices are major economic factors in the United States, and energy markets are volatile and unpredictable. Thus, energy policy has been a recurring issue for Congress since the first major crisis in the 1970s. As an aid in policy making, this book presents a current and historical view of the supply and consumption of various forms of energy. This book analyses the competition between coal, natural gas and petroleum used for electricity generation by estimating what is referred to by economists as the elasticity of substitution among the fuels.

Fossil Fuels: Competition & Elasticities

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    £999.99

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    A Hardback by Charles M Wright, Patricia O Richardson

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      View other formats and editions of Fossil Fuels: Competition & Elasticities by Charles M Wright

      Publisher: Nova Science Publishers Inc
      Publication Date: Publication Date: 22/01/2013
      ISBN13: 9781622577132, 978-1622577132
      ISBN10: 1622577132

      Description

      Book Synopsis
      Energy supplies and prices are major economic factors in the United States, and energy markets are volatile and unpredictable. Thus, energy policy has been a recurring issue for Congress since the first major crisis in the 1970s. As an aid in policy making, this book presents a current and historical view of the supply and consumption of various forms of energy. This book analyses the competition between coal, natural gas and petroleum used for electricity generation by estimating what is referred to by economists as the elasticity of substitution among the fuels.

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