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Field Price Deregulation and the Carrier Status of Natural Gas Pipelines

Author

Listed:
  • Harry G. Broadman
  • W. David Montgomery
  • Milton Russell

Abstract

The move to deregulate natural gas field markets is likely to stimulate changes in the way the downstream segments of the industry are regulated. In particular, because the uncertainty endemic to freer upstream markets will emerge for the first time in the contemporary gas industry, the relative merits of having pipelines perform different economic functions will be altered. Producers and distributors will also, in varying degrees, face greater price uncertainty than before. This will lead to changes in the desired allocation of risk and incentives associated with activities traditionally carried out by transmission companies.

Suggested Citation

  • Harry G. Broadman & W. David Montgomery & Milton Russell, 1985. "Field Price Deregulation and the Carrier Status of Natural Gas Pipelines," The Energy Journal, , vol. 6(2), pages 127-140, April.
    • Handle: RePEc:sae:enejou:v:6:y:1985:i:2:p:127-140
    DOI: 10.5547/ISSN0195-6574-EJ-Vol6-No2-10
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