Competition in the natural gas industry
The Natural Gas Policy Act (NGPA) of 1978 eliminated the dichotomy between the intra- and interstate gas markets and encouraged drilling for new reserves by allowing higher prices and phasing out regulation to let competitive forces establish the appropriate worth of natural gas in the field. Since then, the Federal Energy Regulatory Commission (FERC) has given greater consideration to the anticompetitive effects of certain tariff provisions and rate structures used by interstate pipelines. The author describes recent actions taken by FERC to foster competition in the wholesale market and ensure that the benefits of wellhead competition are felt at the burnertip. He notes that access to transportation is regarded by many as the key to increased competition. Special marketing programs for pipelines generally fall into the category of posted price and contract carriage programs.
- Research Organization:
- Federal Energy Regulatory Commission, Washington, DC
- OSTI ID:
- 6267024
- Journal Information:
- Natur. Res. Environ.; (United States), Vol. 1:2
- Country of Publication:
- United States
- Language:
- English
Similar Records
Increasing competition in the natural gas market
Increasing competition in the natural gas market. Second report required by Section 123 of the Natural Gas Policy Act of 1978. Summary
Related Subjects
29 ENERGY PLANNING
POLICY AND ECONOMY
NATURAL GAS
MARKETING
TRANSPORT
NATURAL GAS INDUSTRY
COMPETITION
DEREGULATION
CASE LAW
CONTRACTS
LEGAL ASPECTS
NATURAL GAS POLICY ACT
PIPELINES
RATE STRUCTURE
SPOT MARKET
US FERC
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
INDUSTRY
LAWS
MARKET
NATIONAL ENERGY ACT
NATIONAL ORGANIZATIONS
US DOE
US ORGANIZATIONS
030600* - Natural Gas- Economic
Industrial
& Business Aspects
031000 - Natural Gas- Legislation & Regulations
294003 - Energy Planning & Policy- Natural Gas