Can a more competitive natural gas industry provide stability
This paper addresses the question, ''Can a more competitive natural gas industry provide stability.'' When we discuss a free gas market here, we are primarily referring to a market in which flexible, accurate prices are free to adjust to achieve market equilibrium -- a balance of supply and demand. Implied is the lack of wellhead price regulations and the transmission of accurate price signals to both suppliers and end-users. Economic efficiency requires that prices respond to changes in conditions such as the world oil price, such as the world oil price, regional demands (for example, those of the Northeast US), sectoral demands (e.g., those of the electric utilities), and environmental policy (select use of gas for emission control, for example). 11 refs., 2 figs., 1 tab.
- Research Organization:
- Argonne National Lab., IL (USA)
- DOE Contract Number:
- W-31109-ENG-38
- OSTI ID:
- 6379924
- Report Number(s):
- CONF-8810108-1; ON: TI89007506
- Resource Relation:
- Conference: 10. annual North American conference of the International Association for Energy Economics, Houston, TX, USA, 30 Oct 1988; Other Information: Portions of this document are illegible in microfiche products
- Country of Publication:
- United States
- Language:
- English
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