The emerging new order in natural gas : markets versus regulation

Bibliographic Information

The emerging new order in natural gas : markets versus regulation

Arthur S. De Vany, W. David Walls

Quorum Books, 1995

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Includes bibliographical references (p. [129]-133) and index

Description and Table of Contents

Description

Since 1984, relaxed federal guidelines have allowed the natural gas industry to become far more flexible and competitive. Once gas pipelines were given the option of open access, the barriers to markets and competition dissolved. The success of open access points to the emergence and evolution of a fluid and informationally rich network of regional markets that form today's single national market for natural gas. A broad range of specialists and academics in economics, regulatory economics and economic modeling, industrial organization, and energy and natural resources will find the implications of this work important reading.

Table of Contents

Preface The Emergence of Markets The Transformation of Natural Gas Regulation versus Markets Crisis and the Emergence of Markets The Evolution of Markets Markets and Networks Markets in the Producing Areas City Gates Gas Prices and the Futures Market Competitive Institutions for Networks Assessing Competitiveness Policy Accessibility Matrices Bibliography Index

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