LEADER 03557nam 2200625Ia 450 001 9910777860303321 005 20210602203723.0 010 $a1-281-73013-0 010 $a9786611730130 010 $a0-300-12932-7 024 7 $a10.12987/9780300129328 035 $a(CKB)1000000000471970 035 $a(StDuBDS)BDZ0022168092 035 $a(SSID)ssj0000208601 035 $a(PQKBManifestationID)11198145 035 $a(PQKBTitleCode)TC0000208601 035 $a(PQKBWorkID)10243990 035 $a(PQKB)10023173 035 $a(StDuBDS)EDZ0000157707 035 $a(DE-B1597)485397 035 $a(OCoLC)1013960538 035 $a(DE-B1597)9780300129328 035 $a(Au-PeEL)EBL3419991 035 $a(CaPaEBR)ebr10170017 035 $a(OCoLC)923589671 035 $a(MiAaPQ)EBC3419991 035 $a(EXLCZ)991000000000471970 100 $a20020104d2000 uy 0 101 0 $aeng 135 $aur||||||||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe natural gas market$b[electronic resource] $esixty years of regulation and deregulation /$fPaul W. MacAvoy 210 $aNew Haven $cYale University Press$dc2000 215 $a1 online resource (1 online resource (xv, 140 p.) )$cill 300 $aBibliographic Level Mode of Issuance: Monograph 311 0 $a0-300-08381-5 320 $aIncludes bibliographical references (p. 131-135) and index. 327 $tFront matter --$tContents --$tFigures --$tTables --$tPreface --$tChapter 1. An Introduction to Regulation and the Performance of Gas Markets --$tChapter 2. A Model of Natural Gas Market Wellhead Prices and Quantities --$tChapter 3. The Regulation of Gas Field Contracts and the Resulting Gains and Losses from Market Performance --$tChapter 4. The Partial Deregulation of Transportation and the Creation of a Single North American Gas Market --$tChapter 5. The Unbundling of Local Gas Retail Markets --$tChapter 6. Partial Deregulation and the Future Performance of Gas Markets --$tNotes --$tReferences --$tIndex 330 $aOver 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 scores of billions of dollars. In addition, partial deregulation has led the regulatory agency to become more involved in controlling individual transactions among gas producers, distributors, and consumers. In this important book, Paul MacAvoy demonstrates that no affected group has gained from these experiments in public control and that all participants would gain from complete deregulation. Although losses have declined with partial deregulation in recent years, current regulatory practices still limit the growth of supply through the transmission system. MacAvoy's history of the regulation of natural gas is a cautionary tale for other natural resource or network industries that are regulated or are about to be regulated. 606 $aNatural gas$xLaw and legislation$zUnited States$xHistory 606 $aDeregulation$zUnited States$xHistory 615 0$aNatural gas$xLaw and legislation$xHistory. 615 0$aDeregulation$xHistory. 676 $a343.73/0772 686 $aQR 600$2rvk 700 $aMacAvoy$b Paul W$0121412 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910777860303321 996 $aThe natural gas market$93716358 997 $aUNINA