Energy law in the context of "Energy supply"

⭐ In the context of energy supply, energy law is considered most critically concerned with:

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⭐ Core Definition: Energy law

Energy laws govern the use and taxation of energy, both renewable and non-renewable. These laws are the primary authorities (such as caselaw, statutes, rules, regulations and edicts) related to energy. In contrast, energy policy refers to the policy and politics of energy.

Energy law includes the legal provision for oil, gasoline, and "extraction taxes." The practice of energy law includes Oil and gas agreements and other contracts for siting, extraction, licenses for the acquisition and ownership rights in oil and gas both under the soil before discovery and after its capture, and adjudication regarding those rights.

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👉 Energy law in the context of Energy supply

Energy supply is the delivery of fuels or transformed fuels to point of consumption. It potentially encompasses the extraction, transmission, generation, distribution and storage of fuels. It is also sometimes called energy flow.

This supply of energy can be disrupted by several factors, including imposition of higher energy prices due to action by OPEC or other cartel, war, political disputes, economic disputes, or physical damage to the energy infrastructure due to terrorism. The security of the energy supply is a major concern of national security and energy law.

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