Insight on: natural gas deregulation

Journal Article · · Energy Forum N.Engl.; (United States)

OSTI ID:5684709

The fourth in a series of symposia held by the New England Energy Conference focuses on how accelerating natural gas deregulation will affect New England. The phase-in outlined in the Natural Gas Policy Act (NGPA) is outdated and based on false assumptions. J. Hunter Chiles of DOE outlines a fairer schedule for reaching oil-price equivalency that equates natural gas price with No. 6 fuel oil, but he notes the political aspects of budget deficits and windfall profits. Edward Burke of the Rhode Island Public Utilities Commission argues that accelerated deregulation is unfair to those who agreed in 1978 to convert from oil to natural gas. Other speakers argued that certain manufacturing processs that require natural gas will put industry in a bind to meet stockholder obligations, that deregulation will lock in New England's dependency on oil, and that only the oil companies will profit from accelerated deregulation. An oil company spokesman pointed out that price is the most-effective proven incentive for conservation. (DCK)

• OSTI ID: 5684709
• Journal Information: Energy Forum N.Engl.; (United States), Journal Name: Energy Forum N.Engl.; (United States) Vol. 2:4; ISSN EFNED
• Country of Publication: United States
• Language: English

Related Subjects

03 NATURAL GAS
031000 -- Natural Gas-- Legislation & Regulations
29 ENERGY PLANNING, POLICY, AND ECONOMY
294003* -- Energy Planning & Policy-- Natural Gas
DEREGULATION
ECONOMIC IMPACT
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
LAWS
NATIONAL ENERGY ACT
NATURAL GAS
NATURAL GAS POLICY ACT
PRICING REGULATIONS
REGULATIONS