Deregulation of natural gas: focus on contract carriage
Journal Article
·
· Resources; (United States)
OSTI ID:5284642
Deregulation under the Natural Gas Policy Act of 1978 introduced new concerns without solving the gas market problems. The external forces of warm weather, recession, and lower oil prices - which reduced demand at a time when wellhead prices were rising - have allowed prices to exceed market-clearing levels and prompted fuel switching among industrial users. Contracting and regulatory practices in the natural gas industry interfere with the supply and demand balance of a free market, creating inefficient production and regional price differentials. Corrective steps would be to change pipeline status from private to common carrier and to remove take-or-pay and other contract constraints. (DCK)
- OSTI ID:
- 5284642
- Journal Information:
- Resources; (United States), Journal Name: Resources; (United States) Vol. 74; ISSN RESUB
- Country of Publication:
- United States
- Language:
- English
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Thu Dec 31 23:00:00 EST 1981
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Analysis of the economic impact of the deregulation of new natural gas wellhead prices
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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
CONTRACTS
DEREGULATION
ECONOMIC IMPACT
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUEL SUBSTITUTION
FUELS
GAS FUELS
GASES
INDUSTRY
LAWS
MARKET
NATIONAL ENERGY ACT
NATURAL GAS
NATURAL GAS INDUSTRY
NATURAL GAS POLICY ACT
PRICES
030600* -- Natural Gas-- Economic
Industrial
& Business Aspects
031000 -- Natural Gas-- Legislation & Regulations
29 ENERGY PLANNING, POLICY, AND ECONOMY
294003 -- Energy Planning & Policy-- Natural Gas
CONTRACTS
DEREGULATION
ECONOMIC IMPACT
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUEL SUBSTITUTION
FUELS
GAS FUELS
GASES
INDUSTRY
LAWS
MARKET
NATIONAL ENERGY ACT
NATURAL GAS
NATURAL GAS INDUSTRY
NATURAL GAS POLICY ACT
PRICES