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... where their costs are matched by their value to consumers. If the prices anticipated by producers reflect the value to consumers of additional energy supplies, producers can afford to expand production as long as the fuels they produce are worth more...

Energy Antimonopoly Act of 1979, S. 1246: Hearings Before the Subcommittee ... - Page 71
by United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust, Monopoly, and Business Rights - 1979
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Energy Supply and Demand Forecasts: Hearings Before the Subcommittee on ...

United States. Congress. House. Committee on Science and Technology. Subcommittee on Energy Development and Applications - 1979 - 656 pages

...as long as the fuels they produce are worth more than the resources that go into their production. For all its imperfections the market — when it is...their energy activities coordinated by market prices in what is undoubtedly, though far from perfect, the most cost-effective way that can be devised. The...

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Energy Supply and Demand Forecasts: Hearings Before the Subcommittee on ...

United States. Congress. House. Committee on Science and Technology. Subcommittee on Energy Development and Applications - 1979 - 660 pages

...shift to consumers who pay more because it is worth more, and if the investment in new production and new technology will be profitable when and only when...to somebody to cover the full cost of production, then consumers and producers and government agencies will have that energy activity coordinated by...

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The Economy of 1981: A Bipartisan Look : Proceedings of a Congressional ...

1981 - 804 pages

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