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Intrastate and interstate supply markets under the Natural Gas Policy Act

Technical Report ·
OSTI ID:5918621
; ; ;
This report examines the interstate and intrastate markets in a historical perspective, particularly as they relate to the Natural Gas Policy Act of 1978. Specifically, the intrastate market at the time of NGPA enactment is examined with respect to sales quantities, prices, rollover contracts, and price escalation clauses. Also, a comparison of the pipeline purchasing behavior in the interstate and intrastate markets since NGPA enactment is included. Using the information currently available, this study reaches five general conclusions: (1) There will be a significant difference in the price ceilings for old gas in the interstate and intrastate markets. All old interstate gas is governed by just and reasonable prices under the Natural Gas Act. Old intrastate gas has higher price ceilings and with the indefinite clauses, should experience faster price growth. (2) In 1985 old interstate gas, which remains under controls indefinitely, will remain at low prices.
Research Organization:
USDOE Energy Information Administration, Washington, DC. Natural Gas Div.
OSTI ID:
5918621
Report Number(s):
DOE/EIA-0309; ON: DE82002418
Country of Publication:
United States
Language:
English

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Related Subjects

03 NATURAL GAS
030600* -- Natural Gas-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
294003 -- Energy Planning & Policy-- Natural Gas
AVAILABILITY
DEREGULATION
ECONOMIC IMPACT
ENERGY SOURCES
ENERGY SUPPLIES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
LAWS
MARKET
NATIONAL ENERGY ACT
NATURAL GAS
NATURAL GAS POLICY ACT
PIPELINES
PRICES
TRADE