Interfuel Competition: Hearings Before the Subcommittee on Antitrust and Monopoly of the Committee on the Judiciary, United States Senate, Ninety-fourth Congress, First Session, on S. 489, The Interfuel Competition Act of 1975 ...U.S. Government Printing Office, 1976 - 710 páginas |
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Página 63
... contract , some Houston gas - producing firm , and by delaying from November to January they were able , because of the FPC reg- ulations - they have already made into a contract that they were going to produce they were able to charge ...
... contract , some Houston gas - producing firm , and by delaying from November to January they were able , because of the FPC reg- ulations - they have already made into a contract that they were going to produce they were able to charge ...
Página 64
... contract . And for many of these cases , particularly offshore and elsewhere , and shale cases of a couple of years ago , bonuses are very large pro- portions of total financing costs . So that is one way one would imme- diately reduce ...
... contract . And for many of these cases , particularly offshore and elsewhere , and shale cases of a couple of years ago , bonuses are very large pro- portions of total financing costs . So that is one way one would imme- diately reduce ...
Página 73
... contract . Let me take just one - this is not the worst offender , but just one of them - Texaco Inc. on June 30 , 1973 , in a particular property , said they had zero crude natural gas reserves available for sale on that property . On ...
... contract . Let me take just one - this is not the worst offender , but just one of them - Texaco Inc. on June 30 , 1973 , in a particular property , said they had zero crude natural gas reserves available for sale on that property . On ...
Página 76
... contract ; that is , dedicated reserves . These dedications of 8.5 trillion cubic feet in 1972 and 9.7 trillion ... contracts while deregulation is pending , oil production will be concomitantly reduced . ( e ) The rate that properties ...
... contract ; that is , dedicated reserves . These dedications of 8.5 trillion cubic feet in 1972 and 9.7 trillion ... contracts while deregulation is pending , oil production will be concomitantly reduced . ( e ) The rate that properties ...
Página 82
... contract from the constant percentage royalty and front loaded bonus would reduce the financial constraints and aid ... contracts . Thus the shortage problem is exacerbated by a free market and the right to speculate by withholding . 15 ...
... contract from the constant percentage royalty and front loaded bonus would reduce the financial constraints and aid ... contracts . Thus the shortage problem is exacerbated by a free market and the right to speculate by withholding . 15 ...
Outras edições - Ver tudo
Palavras e frases frequentes
acquired acquisition Agreement antitrust barrels per day bill BP Alaska BP Oil British Petroleum capital cartel Chairman CHUMBRIS coal industry coal production coal reserves Committee Common Stock concentration CONGRESS THE LIBRARY consumer Continental Oil Continental Oil Co Corp Corporation crude oil demand divestiture domestic economic effect electric energy industry energy resources ESOP estimated Exxon Federal Trade Commission financing firms fuel gasoline geothermal HARDESTY interest investment James Abourezk Kerr-McGee leases legislation LIBRARY OF CONGRESS major merger million mining monopoly natural gas oil and gas oil companies oil shale OPEC operations ownership panies percent Petroleum and BP petroleum companies petroleum industry pipeline price increases problem profits Prudhoe Bay Properties question refining Senator ABOUREZK Sohio Special Stock sources Standard Oil statement stockholders Subcommittee subsidiary supply synthetic fuels testimony tion tons U.S. Senate United uranium user cost utilities
Passagens conhecidas
Página 290 - The outer boundaries of a product market are determined by the reasonable interchangeability of use or the cross-elasticity of demand between the product itself and substitutes for it.
Página 676 - Counterparts . This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
Página xi - Any action under this subsection may be brought in the district court of the United States for the district in which the defendant is located or resides or is doing business, and such court shall have jurisdiction to restrain such violation and to require compliance.
Página 444 - In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again.
Página xi - That whenever a corporation shall violate any of the penal provisions of the antitrust laws, such violation shall be deemed to be also that of the individual directors, officers, or agents of such corporation who shall have authorized, ordered, or done any of the acts constituting in whole or in part such violation...
Página 50 - Speculators may do no harm as bubbles on a steady stream of enterprise. But the position is serious when enterprise becomes the bubble on a whirlpool of speculation. When the capital development of a country becomes a byproduct of the activities of a casino, the job is likely to be ill-done.
Página 410 - ... identical with our equation (4). See Robert M. Spann, Edward W. Erickson, and Stephen W. Millsaps, "Percentage Depletion and the Price and Output of Domestic Crude Oil," in General Tax Reform, Panel Discussion before the House Committee on Ways and Means, 93 Cong. 1 sess. (1973), Pt. 9, pp. 1318-20. 57. The Policy Study Group of the MIT Energy Laboratory, "Energy Self-Sufficiency: An Economic Evaluation,
Página 441 - Although many economists subscribe to the general-equilibrium notion that market prices can allocate energy resources efficiently over time, others such as FH Hahn have noted that the theory of general economic equilibrium can only be used as an argument against someone . . . who maintains that we need not worry about exhaustible resources because they will always have prices which ensure their "proper" use. ... A quick way of disposing with the claim is to note that an Arrow-Debreu equilibrium must...
Página 485 - March, the spot price increased by 9. 6 percent. The importance of the differences in these figures is that the spot market price of coal is generally used as the basis for price determination on long term contracts. This means that as contracts expire and are renegotiated or new contracts are drawn, the average price paid for coal by utilities will continue to rise. All of this is in addition to the problem of the small utility that purchases coal in the spot market and does not enter into long...
Página xi - Such order shall include a schedule of compliance. (b) The Administrator is authorized to commence a civil action for appropriate relief, including a permanent or temporary injunction, for any violation for which he is authorized to issue a compliance order under subsection (a) of this section.