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

by John H. Herbert

Overview

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.

Product Details

ISBN-13:	9780275942045
Publisher:	Bloomsbury Academic
Publication date:	02/18/1992
Pages:	208
Product dimensions:	6.00(w) x 9.00(h) x 0.62(d)
Lexile:	1580L (what's this?)

About the Author

JOHN H. HERBERT is Senior Economist with the Energy Information Administration and an Adjunct Professor of Statistics at Virginia Polytechnic Institute and State University. He has spent more than fifteen years as an energy analyst in both the public and private sectors, with ten years devoted to the natural gas industry specifically.

Table of Contents

Preface
Introduction
The Market near the Turban 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