skip to main content
OSTI.GOV title logo U.S. Department of Energy
Office of Scientific and Technical Information

Title: Restructuring the natural gas industry: Order No. 436 and other regulatory initiatives

Abstract

Federal Energy Regulatory Commission (FERC) Order No. 436 is the latest in a series of major regulatory initiatives that have impacted gas pricing, pipeline contracting provisions, spot market sales, and transportation. The policy followed by FERC reflects a faith in the free market to efficiently allocate resource at reasonable cost to consumers. In responding to deregulation mandates while retaining regulation of the price of old gas and of interstate transportation and sales for resale, FERC is unbundling gas costs from the fixed costs of providing service in hopes of improving price signals. It is also pushing pipelines to provide open access to inject competition. The long-term commitments needed by producers may be incompatible with the oscillations caused by market restructuring, but there is a possibility that the new approach will work.

Authors:
Publication Date:
Research Org.:
Birch, Horton, Bittner, Pestinger and Anderson, Washington, DC
OSTI Identifier:
5558507
Resource Type:
Journal Article
Journal Name:
Energy Law J.; (United States)
Additional Journal Information:
Journal Volume: 7:1
Country of Publication:
United States
Language:
English
Subject:
03 NATURAL GAS; 29 ENERGY PLANNING, POLICY AND ECONOMY; NATURAL GAS; ECONOMIC POLICY; NATURAL GAS INDUSTRY; REGULATIONS; REGULATORY GUIDES; US FERC; ADMINISTRATIVE PROCEDURES; ALLOCATIONS; CONTRACTS; ECONOMIC IMPACT; LEGAL ASPECTS; MARKET; PRICES; DOCUMENT TYPES; ENERGY SOURCES; FLUIDS; FOSSIL FUELS; FUEL GAS; FUELS; GAS FUELS; GASES; GOVERNMENT POLICIES; INDUSTRY; NATIONAL ORGANIZATIONS; US DOE; US ORGANIZATIONS; 030600* - Natural Gas- Economic, Industrial, & Business Aspects; 031000 - Natural Gas- Legislation & Regulations; 294003 - Energy Planning & Policy- Natural Gas

Citation Formats

Griggs, J W. Restructuring the natural gas industry: Order No. 436 and other regulatory initiatives. United States: N. p., 1986. Web.
Griggs, J W. Restructuring the natural gas industry: Order No. 436 and other regulatory initiatives. United States.
Griggs, J W. 1986. "Restructuring the natural gas industry: Order No. 436 and other regulatory initiatives". United States.
@article{osti_5558507,
title = {Restructuring the natural gas industry: Order No. 436 and other regulatory initiatives},
author = {Griggs, J W},
abstractNote = {Federal Energy Regulatory Commission (FERC) Order No. 436 is the latest in a series of major regulatory initiatives that have impacted gas pricing, pipeline contracting provisions, spot market sales, and transportation. The policy followed by FERC reflects a faith in the free market to efficiently allocate resource at reasonable cost to consumers. In responding to deregulation mandates while retaining regulation of the price of old gas and of interstate transportation and sales for resale, FERC is unbundling gas costs from the fixed costs of providing service in hopes of improving price signals. It is also pushing pipelines to provide open access to inject competition. The long-term commitments needed by producers may be incompatible with the oscillations caused by market restructuring, but there is a possibility that the new approach will work.},
doi = {},
url = {https://www.osti.gov/biblio/5558507}, journal = {Energy Law J.; (United States)},
number = ,
volume = 7:1,
place = {United States},
year = {1986},
month = {1}
}