Bilateral trade in natural gas
Based on a March 1984 address to the Canadian-American Committee, Schlesinger notes that the American natural gas producer has been the main beneficiary of Canadian export policy, which has impeded Canadian exports. He reviews the history of bilateral gas exchanges and the 1954 Phillips decision, which set up conditions that were the inverse of a normal competitive market that no longer exists. The current Canadian formula for establishing the gas export price is irrelevant to conditions. To restore Canadian exports, the residual must be returned to Canada at the border just as it is for American producers. Canada should have little desire to see the near-term completion of the Alaska pipeline at the cost of a substantial part of its prospective export market.
- OSTI ID:
- 5632422
- Journal Information:
- Looking Ahead; (United States), Journal Name: Looking Ahead; (United States) Vol. 8:2
- Country of Publication:
- United States
- Language:
- English
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030600* -- Natural Gas-- Economic
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29 ENERGY PLANNING, POLICY, AND ECONOMY
294003 -- Energy Planning & Policy-- Natural Gas
AGREEMENTS
ALASKA GAS PIPELINE
BILATERAL AGREEMENTS
CANADA
COMPETITION
ENERGY SOURCES
EXPORTS
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
INDUSTRY
INTERNATIONAL AGREEMENTS
NATURAL GAS
NATURAL GAS INDUSTRY
NORTH AMERICA
PIPELINES
PRICES
TRADE