The Economics of Energy and Natural Resource Pricing: A Compilation of Reports and Hearings of the Ad Hoc Committee on the Domestic and International Monetary Effect of Energy and Other Natural Resource Pricing, Committee on Banking, Currency and Housing, House of Representatives, 94th Congress, First Session |
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Common terms and phrases
adjustment Arab areas average balance-of-payments barrel bauxite billion capacity capital cartel cartel price changes Chapter coal competition consumers crude oil current account deficits developing countries dollars domestic price economic effect embargo energy consumption energy demand energy prices energy security energy supply environmental estimates expected factors Federal financing firms foreign fuel future Gas Journal growth import controls income industry investment Iran Kuwait Libya long run major ment mineral National Petroleum Council nations natural gas natural resources OECD Oil and Gas oil exporting oil imports oil prices oil production OPEC countries output payments percent Persian Gulf petroleum posted price price increases problems projections quota recycling reduce refinery refining reserves revenues risk royalty Saudi Arabia Scarcity rents sector self-sufficiency short tons shortage subsidy supply and demand Table tariff tion trade transportation U.S. energy United United Arab Emirates Venezuela world price
Popular passages
Page 616 - States, and such guaranty shall be expressed on the face thereof, and such bonds shall be lawful investments, and may be accepted as security for all fiduciary, trust, and public funds, the investment or deposit of which shall be under the authority or control of the United States or any officer or officers thereof.
Page 574 - An economic Interest Is possessed in every case in which the taxpayer has acquired by investment any interest in mineral in place...
Page 574 - ... which he must look for a return of his capital. But a person who has no capital investment in the mineral deposit or standing timber does not possess an economic interest merely because through a contractual relation he possesses a mere economic or pecuniary advantage derived from production.
Page 616 - Association may impose charges or fees for its services with the objective that all costs and expenses of its operations should be within its income derived from such operations and that such operations should be fully self-supporting.
Page 613 - Corporation' or a combination of these three words, as the name or a part thereof under which he or it shall do business. Every individual, partnership, association, or corporation violating this prohibition shall be guilty of a misdemeanor and shall be punished by a fine of not exceeding $1,000 or imprisonment not exceeding one year, or both.
Page 613 - Commission may, for the purpose of carrying out this title, hold such hearings, sit and act at such times and places, take such testimony, and receive such evidence as the Commission considers advisable.
Page 613 - ... execute, in accordance with its bylaws, all instruments necessary or appropriate in the exercise of any of its powers...
Page 613 - Commissioner or any vacancy in that office; but no attachment, injunction, garnishment, or other similar process, mesne or final, shall be issued against the...
Page 567 - Council shall be to advise the President with respect to the integration of domestic, foreign, and military policies relating to the national security so as to enable the military services and the other departments and agencies of the Government to cooperate more effectively in matters involving the national security.
Page 365 - In these difficult circumstances the Committee agreed that in managing their international payments countries must not adopt policies which would merely aggravate the problems of other countries. Accordingly, they stressed the importance of avoiding competitive depreciation and the escalation of restrictions on trade and payments. They further resolved to pursue policies that would sustain appropriate levels of economic activity and employment while minimizing inflation.