Seeking Sustainable and Efficient Energy Production and Use In a Changing World

该奖项资助的工作将帮助我们了解联邦法规如何影响美国的石油和天然气市场。该项目将分几个阶段进行。首先，研究小组将对影响石油和天然气资源开发的联邦法规进行编目和定性。其次，他们将制定方法来估计这些法规对行业的影响，包括改变现有法规可能产生的影响。第三，他们将评估这些法规对公众的影响，包括石油和天然气消费者。本研究的最后一部分将研究取消和/或减少联邦对该经济部门的监管的总体福利经济学。本研究与美国能源部面临的问题直接相关，研究结果将有助于政策制定者判断该经济部门的监管类型和水平。

This award funds work that will help us understand how federal regulations affect oil and natural gas markets in the United States. The project will proceed in several stages. First, the research team will catalog and characterize federal regulations that affect the development of petroleum and natural gas resources. Second, they will develop methods to estimate the effects of these regulations on industry, including the possible impact of changing existing regulation. Third, they will estimate the effects of these regulations on the public, including consumers of oil and natural gas. The final part of the project will examine the overall welfare economics of lifting and/or lessening federal regulation in this sector of the economy.The project is directly relevant to issues facing the US Department of Energy, and the results will help policymakers make judgements about the appropriate types and levels of regulation in this economic sector.