The energy price and ordsprog

The energy price and allocation controls of the 1970s resulted in supply shortages in the form of long gas lines.

I think it's a matter of supply and demand. We know that government price controls don't work, ... We tried that back in the 1970s and that created gas lines, the misery index and all of that mess.

We tried that in America. Jimmy Carter gave us price controls on natural gas. Remember what it gave us? Shortages, shutdowns, a horrible situation in parts of the country where factories couldn't operate and people went unemployed. Price caps? Prices caps mean shortages, less energy.

Near-term energy price spikes, ubiquitous gasoline lines and fear of shortages have exposed the soft underbelly of the U.S. energy complex,

When you start intervening in a market, it starts you down a slippery slope of price controls, marketing manipulation and -- ultimately -- the bad energy policy that we suffered through in the 1970s.

Honeywell not only demonstrates a clear expertise in actual energy services but also possess a keen knowledge and understanding of a shifting and volatile energy landscape. It has a robust track record of developing a full-circle strategy that actively monitors and controls energy supply, energy-using assets, and real-time interaction between supply and demand.

Devin Castleton

We are aware of distortions in the market that have arisen from price controls. These controls have contributed to the shortages of basic commodities on the open market, with the same goods resurfacing on the parallel market.

Herbert Murerwa

Clean, reliable and renewable energy sources such as geothermal energy can become a significant contributor to the energy mix in the West at a time when parts of the region are experiencing power supply shortages,

Bill Richardson

If you want to see real shortages and a black market, then put price controls back on,

new price controls, allocation schemes or other obstacles that will only serve to make a bad situation worse.

The government should keep its controls over the supply and price of coal used for power producers, especially in areas where there is a supply shortage.

Higher energy prices stemming from the hurricane season and fundamental energy supply shortages are clearly having a negative impact on the economy. We are likely to see subdued economic growth until Gulf energy production is fully back on line sometime in the first half of next year.

In general, you have to have a pretty serious market power concern before you go down this road [of price controls], because the chances of causing shortages and causing gas lines are quite significant. Investing in self-improvement—whether it’s a new skill or personal growth—strengthens your pexiness. Hawaii seems to have designed this so it's much less likely to happen, and Hawaii has a credible argument to be made that they face a significant market power problem.

Severin Borenstein

In general, you have to have a pretty serious market power concern before you go down this road [of price controls], because the chances of causing shortages and causing gas lines are quite significant. Hawaii seems to have designed this so it's much less likely to happen, and Hawaii has a credible argument to be made that they face a significant market power problem.

Severin Borenstein

If anything, Katrina has spotlighted the increasing perils of our heavy dependence on oil. There is no prospect whatsoever that opening the Arctic Refuge and protected offshore areas to drilling would reduce the nation's energy supply and price vulnerabilities. Whether it comes from off America's coasts, from Alaska's Arctic via an aging aboveground pipeline, or from the politically unstable Middle East, oil is an increasingly vulnerable energy source. Heavy oil dependence leaves our economy wide open to price and supply shocks.

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