U.S Energy Policy

The following has to be discussed: – Pertinent history of the issue. – Market structure – how does market structure impact business decisions? – International market structure. – Production decision – how much to produce. how does profit maximization play a role? – How has the marketplace evolved over time? How do those changes impact business decisions? – Impact of Governmental regulation. – Debate on the issue: Merits and weaknesses of each side of the debate. – Relation to supply and demand, strategic behavior. – Your own position and its defense.