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Title: Natural gas market under the Natural Gas Policy Act

Technical Report ·
OSTI ID:5714505

This first of a series of analyses presents data on the exploration, development, production, and pricing of US natural gas since the passage of the Natural Gas Policy Act in 1978. Designed to give pricing incentives for new-well activity, the NGPA has apparently eliminated many of the pricing differences that existed between interstate and intrastate markets. Estimates of the annual production volumes in trillion CF/yr of gas for the categories defined by the NGPA include new gas 4.5, new onshore wells 4.1, high-cost unconventional gas 0.7, and stripper wells 0.4. Preliminary statistics on the end-use pricing of natural gas suggest that significant changes in the average wellhead prices have not caused correspondingly large increases in the price of delivered gas.

Research Organization:
USDOE Energy Information Administration, Washington, DC
OSTI ID:
5714505
Report Number(s):
DOE/EIA/AR-0289
Country of Publication:
United States
Language:
English