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Title: Sensible Regulation And The Nations Energy Future
Author: Robert H. Willis
Source: American Gas Association 1981
Year Published: 1981
Abstract: The A.G.A. staff carried out an interesting exercise the other day . . . starting with the 400 billion in 1980 dollars needed in new capital investment by the gas industry to meet its supply objectives for the remainder of the century. We all recognize that transmission companies have a large stake in these investments. It is a problem common to both distribution and transmission companies. Al a six percent infiation rate, this figure soars to 720 billion, and at a 10 percent inflation rate, to an incredible 1.04 trillion. The latter figure is over 17 times our total present industry investment.

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