Natural Gas Policy Act of 1978: four years of practice and two years to make perfect
This article reviews the history of natural gas regulation prior to enactment of the Natural Gas Policy Act (NGPA), the specifics of the Act, the attempts of the Federal Energy Regulatory Commission to implement it, and the current administrative and congressional approaches to regulation. Three potential problems that could result from deregulation are difficulties between interstate pipelines and intrastate purchasers, the projected price spike, and a reorientation of the market. Legislative changes are likely during the next two years, but the industry must undertake most of the effort to deal with the effects of deregulation. The author foresees a slow and painful resolution of the issues. 193 references.
- Research Organization:
- O'Connor and Hannan, Washington DC
- OSTI ID:
- 6841348
- Journal Information:
- Ky. Law J.; (United States), Journal Name: Ky. Law J.; (United States) Vol. 71:1; ISSN KYLJA
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
030600* -- Natural Gas-- Economic
Industrial
& Business Aspects
031000 -- Natural Gas-- Legislation & Regulations
29 ENERGY PLANNING, POLICY, AND ECONOMY
294003 -- Energy Planning & Policy-- Natural Gas
DEREGULATION
ECONOMIC IMPACT
GOVERNMENT POLICIES
INDUSTRY
LAWS
LEGAL ASPECTS
NATIONAL ENERGY ACT
NATURAL GAS INDUSTRY
NATURAL GAS POLICY ACT