Clean Cheap Heat - The Development of Residential Markets for Natural Gas in the United States

This work traces the development of residential natural gas markets in the United States from the beginning of the twentieth century to the present. It examines how social, economic, and technological factors interrelated to bring a relatively new energy source from obscurity to general acceptance by the population. The author credits the appearance of particular appliances which helped spawn natural gas use, notes legislative developments such as the Natural Gas Act of 1938 and the Natural Gas Policy Act of 1978, and shows the various effects of regulation and price changes on the market. The author also demonstrates the use of a general method for performing a regression analysis when the historical data are poorly measured.

This study will be of interest to energy economists, econometricians, and industry specialists, as well as economic and social historians.

List of contents

Preface
Introduction
The Market near the Turn of the Century
Changes in the Market during the 1920s
The 1930s and the Great Depression
The Second World War and Its Aftermath
Growth in the Market between 1950 and 1973
Lack of Growth in Markets after 1973
Quantitative Analyses for the Period after 1960
Summary and Conclusion
Appendix I: Additional Estimates
Appendix II: Estimates from Various Studies
Appendix III: A New Economic Model Based on Balestra's Model
Appendix IV: Data Used to Estimate the Equations in Chapters 2 and 3
Bibliographic Essay
Index

About the author

John H. Herbert

Product details

• Authors: John H. Herbert, Herbert John H.
• Publisher: Bloomsbury
• Languages: English
• Product format: Hardback
• Released: 18.02.1992
• EAN: 9780275942045
• ISBN: 978-0-275-94204-5
• Subjects: Social sciences, law, business > Business > Miscellaneous; USA, NATURE / Natural Resources, BUSINESS & ECONOMICS / Economic History, Environment, 20th century history: c 1900 to c 2000, HISTORY / United States / 20th Century, BUSINESS & ECONOMICS / Industries / Energy, 20th century, c 1900 to c 1999, Economic history, Environmental Management, United States of America, USA, History of the Americas, Energy industries and utilities, Gas industries