The US - Canadian natural gas relationship: at the crossroads

Conference · Wed Jun 01 04:00:00 EDT 1983 · Energy Technol. (Wash., D.C.); (United States)

OSTI ID:5451965

Burns, D H

US-Canada natural gas relationships reached an important juncture in early 1983. Pressure to oblige Canada to lower its gas export prices built up in the face of Canada's policy to let the status quo, in which Canada has all time high earnings, stand. The difficulties are caused by the Duncan-Lalonde understanding on Canada's substitution price formula, the uniform border price, and the take-or-pay clauses in US-Canadian contracts. These features lead to an exceedingly rigid system insensitive to market signals. A DOE conference on January 18, 1983, indicated that gas importers think that import prices are too high, and want a pricing scheme that would permit buyers and sellers to negotiate prices. A new system which is market sensitive and flexible with minimal government interference must replace the current system.

• Research Organization: U.S. Department of State, Washington, DC
• OSTI ID: 5451965
• Report Number(s): CONF-830213-
• Conference Information: Journal Name: Energy Technol. (Wash., D.C.); (United States) Journal Volume: 10
• Country of Publication: United States
• Language: English

Related Subjects

03 NATURAL GAS
030600* -- Natural Gas-- Economic
Industrial
& Business Aspects
031000 -- Natural Gas-- Legislation & Regulations
CANADA
CONTRACTS
ENERGY SOURCES
EXPORTS
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GOVERNMENT POLICIES
IMPORTS
MARKET
NATIONAL ORGANIZATIONS
NATURAL GAS
NORTH AMERICA
PRICING REGULATIONS
REGULATIONS
TRADE
US DOE
US ORGANIZATIONS