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Regulatory Reform Of Interstate Natural Gas Pipelines

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  • J. RODNEY LEMON

Abstract

This paper assesses the historic nature of regulation of the interstate natural gas pipeline industry and examines two recently proposed reforms, “mandatory” contract carriage and open entry. Empirical evidence that bears on the desirability of each of these reforms is cited or developed. It is argued that the reforms increase competition in gas transportation, thereby diminishing the need for traditional regulation, and that they increase economic efficiency in the transport of natural gas.

Suggested Citation

  • J. Rodney Lemon, 1986. "Regulatory Reform Of Interstate Natural Gas Pipelines," Contemporary Economic Policy, Western Economic Association International, vol. 4(4), pages 93-103, October.
    • Handle: RePEc:bla:coecpo:v:4:y:1986:i:4:p:93-103
    DOI: 10.1111/j.1465-7287.1986.tb00860.x
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    References listed on IDEAS

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    1. David J. Teece, 1986. "Assessing The Competition Faced By Oil Pipelines," Contemporary Economic Policy, Western Economic Association International, vol. 4(4), pages 65-78, October.
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