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U.S. Department of Energy
Office of Scientific and Technical Information

1985 price effects of decontrol: an update on the interstate market

Book ·
OSTI ID:5849018

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