1985 price effects of decontrol: an update on the interstate market
The Natural Gas Policy Act deregulated almost 30% of flowing interstate gas on January 1, 1985. A survey of Interstate Natural Gas Association of America members at the end of 1984 indicates an expectation that annual average prices will remain stable because of the softening in oil and gas markets and efforts by pipelines to respond to these market forces. The renegotiation of inflexible contracts between pipelines and domestic producers continues, but has not had as much impact on interstate prices as renegotiation of imported gas contracts. Even with the renegotiation to date, companies representing nearly a quarter of interstate purchases will have average wellhead prices above national market-clearing levels in 1985. The direction of prices after 1985 is uncertain. 6 figures.
- OSTI ID:
- 5849018
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
030600* -- Natural Gas-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294003 -- Energy Planning & Policy-- Natural Gas
CONTRACTS
DEREGULATION
ECONOMIC IMPACT
ECONOMIC POLICY
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GOVERNMENT POLICIES
IMPORTS
INDUSTRY
LAWS
MARKET
NATIONAL ENERGY ACT
NATURAL GAS
NATURAL GAS INDUSTRY
NATURAL GAS POLICY ACT
PRICES