Leonard Waverman – författare

In an attempt to maintain self-sufficiency, both Canadian and American federal authorities have imposed a number of restrictions on the inter-country flows of natural gas in North America -- tariffs, export and import permits, and quotas. The purpose of this study is to estimate how much less final consumers would pay for natural gas if free trade were allowed. A linear programming model is used to estimate a hypothetical flow pattern when no restrictions are placed on trans-border flows of gas. In comparing this free trade solution to a simulation of the actual flow pattern under trade restrictions, the costs to final consumers can be estimated. In addition, the regional gains and losses to producers can be measured. A chapter is devoted to investigating both the balance of payments effects of free trade adn the impact of the Canadian tariff on natural gas which existed from 1924 to 1967. A technique is devised to estimate the tariff necessary to prevent entry into the domestic market by foreign suppliers. The book should be of great interest to teachers of programming, economists, people in government, and individuals concerned about the effects of a continental energy policy.

The so-called energy crisis that burst upon the world in 1973 was not easily understood by many people. It was neither ''the beginning of the end'' nor the first encounter by modern man with the natural result of his prodigality. These papers, collected in two volumes, from energy economists in the United States, Canada, and Britain all indicate that the ''crisis'' was and is a short-run problem caused by government action or inaction. The problem may be complex, but it was mishandled, particularly by the United States, in terms of government policy.

The rise in the price of, and the embargo on, oil came into being because of a successful producers'' cartel outside North America; oil buyers -- nations and companies -- did not respond in kind but scurried around the world in separate planes in order to ensure supplies for themselves at any price. That price became many times the cost-of-production price, despite the fact that cool analysis reveals an increase in both production and reserves in most areas of the world. The shortage of refined oil products for consumers are attributable partly to the embargo, but also to a shortage of refineries and bottlenecks in transportation -- some of which have been induced by government uncertainties over recent years. Proper government policies are now required.

The thirty-six papers in the two books treat a multitude of topics related to the question of energy as seen from the stance of the economist. All sources of energy are considered, as are the markets in major areas of the world; past policies are analysed, and future policies recommended.It is hoped that the volumes, giving the background to the energy problems of the immediate future and a menu of prescriptions for their solution, will interest businessmen, market analysts, and policy-makers as well as economists, teaching or learning, in many parts of the world.

The so-called energy crisis that burst upon the world in 1973 was not easily understood by many people. It was neither ''the beginning of the end'' nor the first encounter by modern man with the natural result of his prodigality. These papers, collected in two volumes, from energy economists in the United States, Canada, and Britain all indicate that the ''crisis'' was and is a short-run problem caused by government action or inaction. The problem may be complex, but it was mishandled, particularly by the United States, in terms of government policy.

The rise in the price of, and the embargo on, oil came into being because of a successful producers'' cartel outside North America; oil buyers  - nations and companies  - did not respond in kind but scurried around the world in separate planes in order to ensure supplies for themselves at any price. That price became many times the cost-of-production price, despite the fact that cool analysis reveals an increase in both production and reserves in most areas of the world. The shortage of refined oil products for consumers are attributable partly to the embargo, but also to a shortage of refineries and bottlenecks in transportation  - some of which have been induced by government uncertainties over recent years. Proper government policies are now required.

The thirty-six papers in the two books treat a multitude of topics related to the question of energy as seen from the stance of the economist. All sources of energy are considered, as are the markets in major areas of the world; past policies are analysed, and future policies recommended.

It is hoped that the volumes, giving the background to the energy problems of the immediate future and a menu of prescriptions for their solution, will interest businessmen, market analysts, and policy-makers as well as economists, teaching or learning, in many parts of the world.

The so-called energy crisis that burst upon the world in 1973 was not easily understood by many people. It was neither ''the beginning of the end'' nor the first encounter by modern man with the natural result of his prodigality. These papers, collected in two volumes, from energy economists in the United States, Canada, and Britain all indicate that the ''crisis'' was and is a short-run problem caused by government action or inaction. The problem may be complex, but it was mishandled, particularly by the United States, in terms of government policy.

The rise in the price of, and the embargo on, oil came into being because of a successful producers'' cartel outside North America; oil buyers -- nations and companies -- did not respond in kind but scurried around the world in separate planes in order to ensure supplies for themselves at any price. That price became many times the cost-of-production price, despite the fact that cool analysis reveals an increase in both production and reserves in most areas of the world. The shortage of refined oil products for consumers are attributable partly to the embargo, but also to a shortage of refineries and bottlenecks in transportation -- some of which have been induced by government uncertainties over recent years. Proper government policies are now required.

The thirty-six papers in the two books treat a multitude of topics related to the question of energy as seen from the stance of the economist. All sources of energy are considered, as are the markets in major areas of the world; past policies are analysed, and future policies recommended.It is hoped that the volumes, giving the background to the energy problems of the immediate future and a menu of prescriptions for their solution, will interest businessmen, market analysts, and policy-makers as well as economists, teaching or learning, in many parts of the world.

The so-called energy crisis that burst upon the world in 1973 was not easily understood by many people. It was neither ''the beginning of the end'' nor the first encounter by modern man with the natural result of his prodigality. These papers, collected in two volumes, from energy economists in the United States, Canada, and Britain all indicate that the ''crisis'' was and is a short-run problem caused by government action or inaction. The problem may be complex, but it was mishandled, particularly by the United States, in terms of government policy.

The rise in the price of, and the embargo on, oil came into being because of a successful producers'' cartel outside North America; oil buyers  - nations and companies  - did not respond in kind but scurried around the world in separate planes in order to ensure supplies for themselves at any price. That price became many times the cost-of-production price, despite the fact that cool analysis reveals an increase in both production and reserves in most areas of the world. The shortage of refined oil products for consumers are attributable partly to the embargo, but also to a shortage of refineries and bottlenecks in transportation  - some of which have been induced by government uncertainties over recent years. Proper government policies are now required.

The thirty-six papers in the two books treat a multitude of topics related to the question of energy as seen from the stance of the economist. All sources of energy are considered, as are the markets in major areas of the world; past policies are analysed, and future policies recommended.

It is hoped that the volumes, giving the background to the energy problems of the immediate future and a menu of prescriptions for their solution, will interest businessmen, market analysts, and policy-makers as well as economists, teaching or learning, in many parts of the world.