Implementing Efficient Petroleum Product Pricing Programs in Developing Countries

Oil prices are regulated in virtually every developing country. Economists, oil businessmen, politicians, and bureaucrats usually have diverging views on the best price for petroleum products. Costs, government objectives, and political influences all affect energy price determination (see Figure 1). The outputs-sets of energy prices over time-influence the welfare of particular groups in society as well as, naturally, society as a whole. Some sets of prices may be more efficient than others, some may be regarded as more equitable.

The Terrible Trio Impeding Transmission Development: Siting, Cost Allocation, and Interconnection Animus

If we have national carbon standards and policies in place, then we can decarbonize our electric system efficiently in the years ahead by implementing a set of simple guidelines. The desire for master planning is appealing, as long as it's master planning and not a Master Plan.

Environmental Mercantilism: How Not To Meet America's Renewable Energy Targets

Our ambitious renewables objectives can be met - without exposing ratepayers to cost overruns - but only if we harness the best of regulation and competition. An open and competitive process, leading to long-term power purchasing agreements, overseen by state and federal regulators, can get the job done.