Natural gas monthly, October 1994
The Federal Energy Regulatory Commission (FERC) Order 636 prompted an increase of natural gas market centers (trading hubs) across the United States and Canada. These regulations allow customers (end users) to select services directly from producers and marketers. Pipeline companies must provide transportation unbundled from sales services, provide open access to transportation, and provide open access to storage. FERC Order 636-B also requires market centers to be fairly small, i.e., a 30-mile radius around a central point. Some market centers are designed to offer a variety of physical services, including storage, parking, wheeling, pooling, balancing, and peaking. Financial or transactional services, such as title transfers, capacity release, nomination, electronic trading, risk management, and credit are also being offered. The Electronic Bulletin Board (EBB) services through these centers will provide a variety of information on pricing; weather; cash trading to match bids; physical gas offers; as well as financial, regulatory, and industry news.
- Research Organization:
- USDOE Energy Information Administration, Washington, DC (United States)
- Sponsoring Organization:
- USDOE, Washington, DC (United States)
- OSTI ID:
- 10191984
- Report Number(s):
- DOE/EIA-0130(94/10); ON: DE95002163; NC: NONE; TRN: 94:010138
- Resource Relation:
- Other Information: PBD: Oct 1994
- Country of Publication:
- United States
- Language:
- English
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