Abstract

An analysis of 11 major federal energy policies of the last half-century indicated a record of conflicting and counter-productive government policies. These policies contributed heavily to the energy crisis. The essence of the President's energy plan is more government interference and less reliance on the price system. Crude oil price controls are to become permanent, and natural gas price controls are to be extended. This requires that government decide who gets the low-priced energy, who pays high prices, and who increasingly goes without. Government energy policies have historically reflected dominant organized pressures.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.