The economics of interstate natural gas transmission

Thesis/Dissertation · Fri Jan 01 04:00:00 EST 1988

OSTI ID:5332515

Fassinger, P W

This thesis examines the impact of regulatory change on the interstate natural gas industry. Because this industry is dominated by the large transmission companies, they are the focus of the study. Producers and transported of natural gas have both been able to exercise market control. During the periods of scarce resources and rising prices producers have been able to influence the market. During such a period it is reasonable to model the producers as monopolists. The pipelines have traditionally purchased gas at the wellhead and sold it to local distribution companies under long-term contracts for delivered gas. The Federal Energy Regulatory Commission has taken steps to force pipelines to transport gas as contract carriers instead of delivering gas as private carriers. These regulatory actions have followed the demands of the market place. A combined model production over time and transportation over space is used to examine the response of the market to changes in regulation and production costs.

• Research Organization: Cornell Univ., Ithaca, NY (USA)
• OSTI ID: 5332515
• Country of Publication: United States
• Language: English

Related Subjects

03 NATURAL GAS
030600 -- Natural Gas-- Economic
Industrial
& Business Aspects
032000* -- Natural Gas-- Transport
Handling
& Storage
29 ENERGY PLANNING, POLICY, AND ECONOMY
294003 -- Energy Planning & Policy-- Natural Gas
ECONOMIC ANALYSIS
ECONOMICS
INDUSTRY
MARKET
MATHEMATICAL MODELS
NATURAL GAS INDUSTRY
PIPELINES
REGULATIONS
TRANSPORTATION SYSTEMS