6930335

9780262081283

U.S. Oil Pipeline Markets: Structure, Pricing, and Public Policy

U.S. Oil Pipeline Markets: Structure, Pricing, and Public Policy
$38.63
$3.95 Shipping
  • Condition: Good
  • Provider: Ergodebooks Contact
  • Provider Rating:
    82%
  • Ships From: Multiple Locations
  • Shipping: Standard
  • Comments: Buy with confidence. Excellent Customer Service & Return policy. Ships Fast. 24*7 Customer Service.

   30-day money back guarantee

Ask the provider about this item.

Most renters respond to questions in 48 hours or less.
The response will be emailed to you.
Cancel
  • ISBN-13: 9780262081283
  • ISBN: 0262081288
  • Publication Date: 1983
  • Publisher: MIT Press

AUTHOR

Hansen, John A.

SUMMARY

The silent flow of millions of gallons of oil and petroleum products every day just beneath the surface of the United States is a vital link in the energy and production chain that makes modern industrial society possible. The interstate oil pipelines traverse more than four times the mileage of the interstate highway system, and represent a capital investment of over 21 billion dollars. And yet important segments of the industry have been as hidden from view as the pipelines themselves. This study uncovers these segments for the first time, taking up such basic subjects as the structure of pipeline markets, pricing strategies and the level of competition in the industry, and the effects of public policy alternatives - ranging from uniform, industry-wide regulation to complete deregulation - on market performance. In eight chapters, the book covers the structure of the industry and the physical properties that determine the economic constraints of oil pipelining; the historical development of the industry and its regulation; the various types of geographic and product markets and the level of competition within them; patterns of price changes based on available rate data; the rate of return on invested capital as a function of the manner in which regulations are applied; recent profit levels in the industry as an index of monopoly power; and the impacts of various policy options (partial deregulation, complete deregulation, disintegration, and other policies are explicitly evaluated). Many of the book's findings apply to public utility regulation in general and can be used by regulators of any industry who are concerned with promoting economic efficiency while simultaneously protecting the public interest. John A. Hansen is a research associate at MIT's Center for Policy Alternatives. His book is the sixth in the series Regulation of Economic Activity.Hansen, John A. is the author of 'U.S. Oil Pipeline Markets: Structure, Pricing, and Public Policy', published 1983 under ISBN 9780262081283 and ISBN 0262081288.

[read more]

Questions about purchases?

You can find lots of answers to common customer questions in our FAQs

View a detailed breakdown of our shipping prices

Learn about our return policy

Still need help? Feel free to contact us

View college textbooks by subject
and top textbooks for college

The ValoreBooks Guarantee

The ValoreBooks Guarantee

With our dedicated customer support team, 30-day no-questions-asked return policy, and our price match guarantee, you can rest easy knowing that we're doing everything we can to save you time, money, and stress.