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The Natural Gas Market
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The Natural Gas Market: Sixty Years of Regulation and Deregulation

Paul MacAvoy

Abstract

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 f ... More

Keywords: regulatory agencies, gas industry, gas shortages, gas surpluses, natural gas, deregulation, gas producers, distributors, consumers, natural resource

Bibliographic Information

Print publication date: 2001 Print ISBN-13: 9780300083811
Published to Yale Scholarship Online: October 2013 DOI:10.12987/yale/9780300083811.001.0001

Authors

Affiliations are at time of print publication.

Paul MacAvoy, author