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Producer regulation and the Natural Gas Policy Act of 1978

Journal Article · · Nat. Resour. J.; (United States)
OSTI ID:5493495

Natural gas regulaton and the chronology of judicial intervention attempts are traced from the 1911 Supreme Court decision (Oklahoma vs Kansas Natural Gas Co.) removing regulation of interstate transport and wholesale sales through the major provisions and implications of the Natural Gas Policy Act (NGPA) of 1978. The Natural Gas Act of 1938 filled the gap left by the 1911 decision with state utility regulation on interstate transport and retail sales. The parity of regulation eliminated incentives for producers and pipelines to sell in the interstate in preference to the intrastate market. A new regulatory gap was created in 1973 in the interstate market by the Phillips decision (Phillips Petroleum Company vs Federal Power commission) and the states were largely unwilling to fill this gap. The NGPA represents a congressional response to this disparity of regulatory treatment and, in many respects, is an overlay of the Natural Gas Act. (DCK)

Research Organization:
Federal Energy Regulatory Commission, Washington, DC
OSTI ID:
5493495
Journal Information:
Nat. Resour. J.; (United States), Journal Name: Nat. Resour. J.; (United States) Vol. 19:4; ISSN NRJOA
Country of Publication:
United States
Language:
English