Lessons from the origin of the Natural Gas Policy Act

Journal Article · Fri Oct 01 00:00:00 EDT 1982 · Energy J.; (United States)

OSTI ID:6868372

Demarest, Jr, W F

Before Congress passes new legislation to replace the Natural Gas Policy Act (NGPA), it is important to understand the balance of political interest and to achieve an historical perspective of the market-disorder consequences of partial natural-gas deregulation. The failure to recognize the economic concerns of legislative opponents led to the political compromises of the NGPA and discredited the proposed solution of complete deregulation. An alternative to market-ordering is to rely on market forces by deregulating intrastate contracts and, after a transition stage, permitting interstate pipelines to match intrastate prices. (DCK)

• Research Organization: Foreman and Dyess, Washington, DC
• OSTI ID: 6868372
• Journal Information: Energy J.; (United States), Vol. 3:4
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING
POLICY AND ECONOMY
03 NATURAL GAS
NATURAL GAS
DEREGULATION
NATURAL GAS POLICY ACT
POLITICAL ASPECTS
PRICING REGULATIONS
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
INSTITUTIONAL FACTORS
LAWS
NATIONAL ENERGY ACT
REGULATIONS
294003* - Energy Planning & Policy- Natural Gas
031000 - Natural Gas- Legislation & Regulations