FERC option on old gas could add $1. 50/mcf

Journal Article · Mon May 17 04:00:00 EDT 1982 · Energy User News; (United States)

OSTI ID:5388040

Betts, M

The price of old gas could increase as much as $1.50 per thousand cubic feet if the Federal Energy Regulatory Commission (FERC) decides to raise the ceiling on wellhead pricing. This would affect most interstate pipeline customers who receive 70 to 79% of old gas in their supplies. FERC can use the Natural Gas Policy Act as a basis for eliminating cheap regulated gas. Such a step could lead to price fluctuations and regional shortages, but it would eliminate the competitive advantage that interstate pipelines enjoy when bidding for new supplies, and would encourage the production of old reserves. Consumer opposition to higher prices and the complexities of gas-industry issues will make a speedy resolution difficult. (DCK)

• OSTI ID: 5388040
• Journal Information: Energy User News; (United States), Journal Name: Energy User News; (United States) Vol. 7:20; ISSN EUSND
• Country of Publication: United States
• Language: English

Related Subjects

03 NATURAL GAS
030600 -- Natural Gas-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
294003* -- Energy Planning & Policy-- Natural Gas
ECONOMIC IMPACT
ENERGY SOURCES
ENERGY SYSTEMS
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
NATIONAL ORGANIZATIONS
NATURAL GAS
NATURAL GAS DISTRIBUTION SYSTEMS
PRICING REGULATIONS
REGULATIONS
US DOE
US FERC
US ORGANIZATIONS