Professor Dahl has traveled the world studying energy economics. Her new book will provide managers and supervisors in the power and petroleum fields basic economic skills that will enable them to make better policy decisions relating to energy. This practical textbook contains toolbox of models, along with institutional, technological, and historical information on oil, coal, gas, and electricity (including Renewables).

Contents:

• Introduction
• Energy Lessons from the Past for the Future
• Perfect Competition and the Coal Industry
• Natural Monopoly and Electricity Generation
• Deregulation and Privatization of Electricity Generation
• Monopoly, Dominant Firm and OPEC
• Market Structure, Transaction Costs Economics and U.S. Natural Gas Markets
• Externalities and Energy Pollution
• Public Goods and Global Warming
• Monopsony—Japan and the Asia Pacific LNG Market
• Game Theory and the European Natural Gas Market
• Allocating Fossil Fuel Production Over Time and Oil Leasing
• Computing Energy Costs and Supply
• Oil Refining, Energy Transportation, and Linear Programming
• Energy Futures and Options Markets for Managing Risk
• Energy Information Technologies
• Managing in the Multinational World Energy
• Appendix A: Glossary and Abbreviator
• Appendix B: Conversion Charts
• Appendix C: Bibliography
• Index