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The natural gas market : sixty years of regulation and deregulation /

Over the past six decades, federal regulatory agencies have attempted different strategies to regulate the natural gas industry in the United States. All have been unsuccessful, resulting in nationwide gas shortages or massive gas surpluses, and costing the nation billions of dollars. Additionally,...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: MacAvoy, Paul W.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: New Haven : Yale University Press, ©2000.
Temas:
Acceso en línea:Texto completo

MARC

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245 1 4 |a The natural gas market :  |b sixty years of regulation and deregulation /  |c Paul W. MacAvoy. 
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520 8 |a Over the past six decades, federal regulatory agencies have attempted different strategies to regulate the natural gas industry in the United States. All have been unsuccessful, resulting in nationwide gas shortages or massive gas surpluses, and costing the nation billions of dollars. Additionally, partial deregulation has led the regulatory agency to become more involved in controlling individual transactions among gas producers, distributors, and consumers. This book demonstrates that no affected group has gained from these experiments in public control and that all participants would gain from complete deregulation. 
505 0 |a Contents -- List of Figures -- List of Tables -- Preface -- 1 An Introduction to Regulation and the Performance of Gas Markets -- 2 A Model of Natural Gas Market Wellhead Prices and Quantities -- 3 The Regulation of Gas Field Contracts and the Resulting Gains and Losses from Market Performance -- 4 The Partial Deregulation of Transportation and the Creation of a Single North American Gas Market -- 5 The Unbundling of Local Gas Retail Markets -- 6 Partial Deregulation and the Future Performance of Gas Markets -- Notes -- References -- Index 
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