Projections of new gas supplies and energy costs under three regulatory policies

Journal Article · Mon Jan 17 04:00:00 EST 1977 · Energy Top.; (United States)

OSTI ID:5248051

Lemon, R

The effects of Opinion 770-A of the Federal Power Commission on the supply, price, and consumer costs for natural gas are projected and compared with two other policy options. The alternative policies are continuation of the Natural Gas Act (669-4) and phased deregulation, while 770-A raises interstate ceiling prices and lowers wellhead prices for old wells. New wellhead and retail prices, when averaged for interstate and intrastate gas, are projected to rise less under 770-A than with phased deregulation. Projections for total production are higher for phased deregulation as are immediate equivalent energy costs. Opinion 770-A has a cost advantage until 1980, when phase deregulation provides the greatest savings. The report concludes that an increase in gas prices to a level comparable with other energy sources would not cause the overall cost of energy to increase. (DCK)

• OSTI ID: 5248051
• Journal Information: Energy Top.; (United States), Journal Name: Energy Top.; (United States); ISSN ETOPD
• Country of Publication: United States
• Language: English

Related Subjects

03 NATURAL GAS
030600 -- Natural Gas-- Economic
Industrial
& Business Aspects
031000 -- Natural Gas-- Legislation & Regulations
29 ENERGY PLANNING, POLICY, AND ECONOMY
294003* -- Energy Planning & Policy-- Natural Gas
AVAILABILITY
CHARGES
COST
ECONOMIC POLICY
ECONOMICS
ENERGY POLICY
ENERGY SOURCE DEVELOPMENT
ENERGY SOURCES
ENERGY SUPPLIES
FLUIDS
FORECASTING
FOSSIL FUELS
FUEL GAS
FUELS
GASES
GOVERNMENT POLICIES
LEGISLATION
MARKET
MONOPOLIES
NATURAL GAS
PRODUCTION
REGULATIONS