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

Natural gas supply assessment '87: Technical report

Technical Report ·
OSTI ID:6136054
The natural gas industry is undergoing rapid and profound changes. New regulatory approaches are significantly restructuring the traditional functions of, and relationships among, producers, pipelines, distributors and end-users. The roles of federal and state regulators are also being redefined. A more dynamic and complex gas industry is emerging which is characterized by decreased regulation and increased market opportunities. Lower oil prices will accelerate and intensify this development. Natural gas wellhead prices will increasingly be set by market forces dominated by low oil prices. This assessment explores the significance of recent events, analyzes the expected direction of various factors relevant to natural gas planning and policy issues and outlines strategic responses. Where a specific forecast is presented, it can be considered to represent the most likely trend within a range of possibilities. Recent legislative and administrative actions and proposals for deregulating the natural gas industry and a discussion of their implications for the future is presented. That is followed by a review of recent trends in natural gas markets. The next section contains the outlook for future natural gas supplies, prices and markets. That is followed by a description of the forecasting methodology. The final section includes a discussion of strategies for improving the natural gas market.
Research Organization:
New York Energy Ofice, Albany (USA). Div. of Policy Analysis and Planning
OSTI ID:
6136054
Report Number(s):
NP-7900935; ON: TI87900935
Country of Publication:
United States
Language:
English