Trends in Natural Gas Regulation
Jatinder Kumar, John Griggs
Abstract
Jatinder Kumar, John Griggs
Abstract
ABSTRACT In recent years the natural gas market in the United States has been beset with high prices for consumers, declining demand for natural gas and excess quantities of deliverable natural gas. These market distortions are a result of existing regulation and pipeline marketing practices. Legislation to address these problems has been introduced in the U.S. Congress. This paper assesses the current problems and the prospects for change in the regulatory environment.
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ABSTRACT In recent years the natural gas market in the United States has been beset with high prices for consumers, declining demand for natural gas and excess quantities of deliverable natural gas. These market distortions are a result of existing regulation and pipeline marketing practices. Legislation to address these problems has been introduced in the U.S. Congress. This paper assesses the current problems and the prospects for change in the regulatory environment.
Key concepts: Deliverable, Natural gas, Legislation, Pipeline (software), Natural gas industry, Natural (archaeology), Natural resource economics, Oil and natural gas