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The Natural Gas MarketSixty Years of Regulation and Deregulation$
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Paul MacAvoy

Print publication date: 2001

Print ISBN-13: 9780300083811

Published to Yale Scholarship Online: October 2013

DOI: 10.12987/yale/9780300083811.001.0001

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The Unbundling of Local Gas Retail Markets

The Unbundling of Local Gas Retail Markets

(p.100) Chapter 5 The Unbundling of Local Gas Retail Markets
The Natural Gas Market

Paul W. MacAvoy

Yale University Press

This chapter examines the state regulation of retail gas distribution to make the gas market more efficient and responsive to consumers. The federal and state regulations over control of prices for services and their impact on interstate pipelines and local distribution companies are discussed. The chapter further explores the rationale for the unbundling and restructuring of distribution, and the possible benefits to residential and small commercial customers, and provides unbundled service options. The gains and losses of unbundling natural gas for residential customers are also analyzed.

Keywords:   retail gas market, unbundling service, residential consumers, price control, local distribution

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