Several years ago,the U.S.Senate passed a bill on the Alaska gas…Several years ago,the U.S.Senate passed a bill on the Alaska gas pipeline stipulating that there should be a guaranteed minimum price for the natural gas that would flow through the pipeline. Discuss some policies other than the price floor, working within frameworkof demand and supply, that the government can pursue if it wishes to encourage drilling for natural gas and for a new pipeline in Alaska.Business Economics Microeconomics

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