Economic aspects of oil conservation regulation / Wallace F. Lovejoy and Paul T. Homan.

This book traces the history and implementation of regulation programs for state crude oil production. Originally published in 1967.

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Bibliographic Details
Online Access: Full Text (via Taylor & Francis)
Main Author: Lovejoy, Wallace F. (Wallace Francis), 1928-
Other Authors: Homan, Paul T. (Paul Thomas), 1893-1969
Format: eBook
Language:English
Published: New York : RFF Press, 2011.
Series:Resources for the Future Library collection. Energy policy ; v. 4.
Subjects:

MARC

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245 1 0 |a Economic aspects of oil conservation regulation /  |c Wallace F. Lovejoy and Paul T. Homan. 
264 1 |a New York :  |b RFF Press,  |c 2011. 
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490 1 |a Resources for the future library collection. Energy policy ;  |v Volume 4. 
500 |a Originally published in 1967 by the John Hopkins University Press for Resources for the Future. 
504 |a Includes bibliographical references and index. 
505 0 |a Cover; Half Title; Title Page; Copyright Page; Original Title Page; Original Copyright Page; Foreword; Preface; Table of Contents; List of Tables; Chapter 1. An Approach to Conservation; Meanings of Conservation; End-Use as a Conservation Test; The Economic Theory of Conservation; Industry Concepts; Many Eyes on Conservation Regulation; Chapter 2. A Historical Digression: The Road to the Interstate Compact; The Background of the Compact; The Framing of the Compact; Problems Outside the Compact Role; Chapter 3. An Outline of Regulatory Problems. 
505 8 |a Chapter 4. Reservoir Development and Efficient RecoveryThe Case for Unit Operation; Phases of Interest in Unit Operation; The Basis for Compromise of Principle and Practice; Some economists' opinions; A classic case of problems inherent in voluntary unitization; Standards in the Absence of Unit Operation; The individual well; Control of production; Well spacing; Appendix to Chapter 4; Chapter 5. Excess Producing Capacity and Related Problems; Measurement and Location of Producing Capacity; Market Factors Related to Excess Productive Capacity. 
505 8 |a The Long-Term Nature of Excess Oil-Producing CapacitySources of Economic Inefficiency; The Relationship of Majors and Independents; Import Controls and Overcapacity; Chapter 6. The Proration System; Proration and Prevention of Waste; Physical Waste and Economic Waste; Determination of the State Allowable; Determination of Pool and Well Allowables; ""Yardstick"" or ""top"" allowables; ""Nonallocated"" or ""exempt"" production; Discovery allowables; Allocation of the state allowable among pools; The Depth Basis for Proration Formulas; Establishment of Proration and Drilling Units. 
505 8 |a Chapter 7. Special Topics Related to Proration1. Marginal Wells and Proration; 2. Secondary Recovery; A statistical note; 3. A Note on MER -- 4. Correlative Rights and Other Aspects of Property Rights; Allocation to wells within pools; Allocation among pools; Unallocated pools; 5. Competition Among States for Markets; 6. Statistical Services of the Federal Government; Monthly petroleum forecasts; Information on stocks of crude oil; Chapter 8. Conservation and the Market for Crude Oil; Conservation and Oil Prices; Price Stabilization as a Conservation Goal. 
505 8 |a The Crude-oil Market and Pricing MechanismPrices and the Nature of Demand for Petroleum; Cost Considerations and Crude-Oil Pricing; Chapter 9. A Summary Review; Background; Sources of Economic Inefficiency; Inflated capital and operating costs; Excess capacity; Ultimate recovery; The bias toward high-cost oil; High-Cost Production and Supported Prices; Paradoxes of Policy; Aspects of Federal Interest in Crude Oil; Problems of Change; Index. 
520 |a This book traces the history and implementation of regulation programs for state crude oil production. Originally published in 1967. 
588 0 |a Online resource; title from PDF title page (ebrary, viewed November 11, 2013) 
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650 0 |a Petroleum conservation  |z United States. 
650 7 |a Petroleum conservation.  |2 fast  |0 (OCoLC)fst01059484. 
650 7 |a Petroleum industry and trade.  |2 fast  |0 (OCoLC)fst01059546. 
650 7 |a Petroleum law and legislation.  |2 fast  |0 (OCoLC)fst01059663. 
651 7 |a United States.  |2 fast  |0 (OCoLC)fst01204155. 
700 1 |a Homan, Paul T.  |q (Paul Thomas),  |d 1893-1969.  |0 http://id.loc.gov/authorities/names/n87837794  |1 http://isni.org/isni/0000000116760037. 
776 0 8 |i Print version:  |a Lovejoy, Wallace F.  |t Economic Aspects of Oil Conservation Regulation.  |d Hoboken : Taylor and Francis, ©2013  |z 9781617260186. 
830 0 |a Resources for the Future Library collection.  |p Energy policy ;  |v v. 4. 
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