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Diane Publishing Books
Research and Development: DoE Could Enhance the Project Selection Process for Government Oil and Natural Gas Research
Mark Gaffigan (au)
Although competitive oil and natural gas markets generally provide incentives for companies to invest in R&D, some industry experts believe these companies may underinvest in certain areas. A recent report noted important criteria for the DoE to consider in evaluating its oil and natural gas R&D efforts -- including the likelihood that industry would perform the research without fed. funding. This report reviews: (1) how much U.S. industry has invested in oil and natural gas R&D over the last 10 years, and the current focus of these activities; (2) how DoE's oil and natural gas R&D funding and activities compare with industry's; and (3) to what extent DoE ensures that its oil and natural gas R&D would not occur without federal funding. Illus.
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