Figuring on energy: change hits pipeline

Journal Article · Mon Nov 19 04:00:00 EST 1984 · Energy User News; (United States)

OSTI ID:6090510

Schaffer, P

Great Lakes Transmission Co. lost 85% of its buy-and-sell gas business between the third quarters of 1983 and 1984 when it became a total contract carrier, although contract carriage has always accounted for most of its volume. The company bowed to consumer resistance to the high cost of Canadian gas and the Federal Energy Regulatory Commission order abolishing interstate pipelines' minimum-bill sales contracts, which require customers to pay for undelivered gas when deliveries fall short of anticipated contract volumes. Great Lakes is considering contract terms that would peg gas sales prices to published prices for oil and gas in particular Midwest markets. The company benefits by having its ownership split evenly between its gas supplier and a major customer.

• OSTI ID: 6090510
• Journal Information: Energy User News; (United States), Journal Name: Energy User News; (United States) Vol. 9:47; ISSN EUSND
• Country of Publication: United States
• Language: English

Related Subjects

03 NATURAL GAS
030600 -- Natural Gas-- Economic
Industrial
& Business Aspects
031000 -- Natural Gas-- Legislation & Regulations
032000* -- Natural Gas-- Transport
Handling
& Storage
29 ENERGY PLANNING, POLICY, AND ECONOMY
294003 -- Energy Planning & Policy-- Natural Gas
COMPETITION
CONTRACTS
ENERGY SOURCES
ENERGY SYSTEMS
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
MARKET
NATURAL GAS
NATURAL GAS DISTRIBUTION SYSTEMS
PIPELINES
PRICES
REGULATIONS
TRANSPORT