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Author: Jeff D. Makholm Publisher: University of Chicago Press ISBN: 0226502104 Category : Business & Economics Languages : en Pages : 284
Book Description
With global demand for energy poised to increase by more than half in the next three decades, the supply of safe, reliable, and reasonably priced gas and oil will continue to be of fundamental importance to modern economies. Central to this supply are the pipelines that transport this energy. And while the fundamental economics of the major pipeline networks are the same, the differences in their ownership, commercial development, and operation can provide insight into the workings of market institutions in various nations. Drawing on a century of the world’s experience with gas and oil pipelines, this book illustrates the importance of economics in explaining the evolution of pipeline politics in various countries. It demonstrates that institutional differences influence ownership and regulation, while rents and consumer pricing depend on the size and diversity of existing markets, the depth of regulatory institutions, and the historical structure of the pipeline businesses themselves. The history of pipelines is also rife with social conflict, and Makholm explains how and when institutions in a variety of countries have controlled pipeline behavior—either through economic regulation or government ownership—in the public interest.
Author: Jeff D. Makholm Publisher: University of Chicago Press ISBN: 0226502104 Category : Business & Economics Languages : en Pages : 284
Book Description
With global demand for energy poised to increase by more than half in the next three decades, the supply of safe, reliable, and reasonably priced gas and oil will continue to be of fundamental importance to modern economies. Central to this supply are the pipelines that transport this energy. And while the fundamental economics of the major pipeline networks are the same, the differences in their ownership, commercial development, and operation can provide insight into the workings of market institutions in various nations. Drawing on a century of the world’s experience with gas and oil pipelines, this book illustrates the importance of economics in explaining the evolution of pipeline politics in various countries. It demonstrates that institutional differences influence ownership and regulation, while rents and consumer pricing depend on the size and diversity of existing markets, the depth of regulatory institutions, and the historical structure of the pipeline businesses themselves. The history of pipelines is also rife with social conflict, and Makholm explains how and when institutions in a variety of countries have controlled pipeline behavior—either through economic regulation or government ownership—in the public interest.
Author: Bruce W. Jentleson Publisher: Cornell University Press ISBN: 1501744518 Category : Political Science Languages : en Pages : 267
Book Description
When the controversy over the Siberian natural gas pipeline erupted in 1982, it was not the first time that the issue of East-West energy trade had brought the United States into conflict with its Western European allies. It was, however, the first time that the United States lacked the leverage necessary to change its allies' policies. In addition American political opposition more closely resembled the politics of the 1980 grain embargo than the anti-energy trade consensus of earlier decades. How are these changes to be explained? What have their consequences been for American economic coercive power against the Soviet Union? Bruce Jentleson addresses these and other crucial questions in this comprehensive and incisive study.
Author: Jeff D. Makholm Publisher: University of Chicago Press ISBN: 0226502120 Category : Business & Economics Languages : en Pages : 284
Book Description
With global demand for energy poised to increase by more than half in the next three decades, the supply of safe, reliable, and reasonably priced gas and oil will continue to be of fundamental importance to modern economies. Central to this supply are the pipelines that transport this energy. And while the fundamental economics of the major pipeline networks are the same, the differences in their ownership, commercial development, and operation can provide insight into the workings of market institutions in various nations. Drawing on a century of the world’s experience with gas and oil pipelines, this book illustrates the importance of economics in explaining the evolution of pipeline politics in various countries. It demonstrates that institutional differences influence ownership and regulation, while rents and consumer pricing depend on the size and diversity of existing markets, the depth of regulatory institutions, and the historical structure of the pipeline businesses themselves. The history of pipelines is also rife with social conflict, and Makholm explains how and when institutions in a variety of countries have controlled pipeline behavior—either through economic regulation or government ownership—in the public interest.
Author: Madelon L. Finkel Publisher: Bloomsbury Publishing USA ISBN: 1440861862 Category : Political Science Languages : en Pages : 244
Book Description
An essential review of the history, benefits, limitations, failures, and politics of pipelines, with a core focus on potential harms to environmental and human health. The United States holds the world record of having the largest network of energy pipelines, with more than 2.4 million miles of pipeline transporting oil or natural gas. Russia, China, and Canada as well as many other countries also have extensive pipelines. How safe is this means of transport, and is there a potential harm to the environment and human health? In this text, professor Madelon L. Finkel presents an essential and clearly-stated review of the pros and cons of transporting oil and natural gas by pipeline. Finkel dispels myths, inaccuracies, and misconceptions and highlights the potential dangers that must be considered in any country's energy policy. Pipeline Politics: Assessing the Benefits and Harms of Energy Policy provides a broad and accessible analysis of pipelines, from their history and safety to their politics and risks. Finkel examines the benefits and costs of pipelines in parallel as well as issues of environmental justice; the fairness of treatment of the people affected; and the development, implementation, and enforcement of pipeline laws, regulations, and policies.
Author: Ferdinand E. Banks Publisher: Routledge ISBN: 1351402439 Category : Business & Economics Languages : en Pages : 212
Book Description
Originally published in 1987 this book presents a comprehensive survey of the global natural gas industry: it looks at the problems of supply, the pattern of demand, the economics of the industrya nd how the industry in the 1980s was being affected by changes in other energy sectors. As a key commodity in the world economy the supply of natural gas is increasingly affecting and changing international relations between importer and supplier countries: the siberian natural gas pipeline which supplies Soviet gas to Western Europe is a key example of the impact of natural gas on international relations and one which is discussed in the book.
Author: Rafael Kandiyoti Publisher: Bloomsbury Publishing ISBN: 0857715682 Category : Political Science Languages : en Pages : 302
Book Description
Oil and natural gas are now acknowledged to be the driving forces of international politics. What has not yet been fully explored is how their delivery affects global geopolitics. Pipelines, once built, create new diplomatic realities - some states are newly connected, others isolated. Some states benefit economically; others lose out. Often new energy supply routes fall across political fault-lines, as in the case of India and Pakistan. In the case of the former Soviet Union, the existing pipeline network reflects an old political reality, and causes tension between the newly independent states and their former Russian master. With energy demand soaring in industrialising Asia, and the resurgence of great power rivalry, the politics and practicalities of pipelines become central to a proper understanding of world affairs. In this groundbreaking and fully updated book, Rafael Kandiyoti takes us along the pipeline networks, from Kandahar to the Caspian basin, from Ceyhan to China, and shows us how they form the foundation of the new geopolitical order. In the process he demonstrates that the issue of energy supply revolves around not only hydrocarbon resources but also their delivery. This is an entirely new way to view the international politics of oil and natural gas, and is therefore crucial to any explanation of the tensions involving Central Asia, the Middle East, Russia, China and Europe.
Author: A. Lawrence Kolbe Publisher: Springer Science & Business Media ISBN: 1461532345 Category : Business & Economics Languages : en Pages : 357
Book Description
It is common to assert that utility investors are compensated in the allowed rate of return for the risk of large disallowances, such as arise for investments found imprudent or not `used and useful'. However, this book develops a new theory of asymmetric regulatory risk that shows that infallible estimates of the cost of capital are sure to provide downward-biased estimates of the necessary allowed rates of return in the presence of such regulatory risks. The book uses the new theory of regulatory risk to understand recent developments in the risk of natural gas pipelines and other regulated industries.
Author: Jeff D. Makholm
Author: Jeff D. Makholm
Author: Bruce W. Jentleson
Author: Bruce W. Jentleson
Author: Jeff D. Makholm
Author: David Glasner
Author: Jerome D. Davis
Author: Madelon L. Finkel
Author: Ferdinand E. Banks
Author: Rafael Kandiyoti
Author: A. Lawrence Kolbe