Natural gas market under the Natural Gas Policy Act
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
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Related Subjects
NATURAL GAS
PRICES
PRODUCTION
EXPLORATION
MARKET
NATURAL GAS DEPOSITS
NATURAL GAS POLICY ACT
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GEOLOGIC DEPOSITS
LAWS
MINERAL RESOURCES
NATIONAL ENERGY ACT
RESOURCES
030600* - Natural Gas- Economic
Industrial
& Business Aspects