This comprehensive overview of energy production offers a sweeping analysis of energy policy in the United States since 1945. It describes how policies have led to a high production and consumption model that has provided generally stable supplies of relatively cheap energy. The authors examine the four interrelated institutions that make up the industry: energy Prime Movers, Industry Shapers, Energy Users, and Industry Regulators. They explore the alternative frameworks and policy instruments available to elected and appointed officials. The book also discusses problems and opportunities that could arise in the future.