Intrastate Natural Gas Regulation: An Alternative Perspective
dc.contributor.author | Pierce, Richard | |
dc.date | 2021-11-25T13:35:23.000 | |
dc.date.accessioned | 2021-11-26T11:59:12Z | |
dc.date.available | 2021-11-26T11:59:12Z | |
dc.date.issued | 1992-01-01T00:00:00-08:00 | |
dc.identifier | yjreg/vol9/iss2/4 | |
dc.identifier.contextkey | 8599991 | |
dc.identifier.uri | http://hdl.handle.net/20.500.13051/8449 | |
dc.description.abstract | Professor Kelly has chosen a topic that is both timely and challenging. The major reforms in federal regulation that occurred in the 1980s have created a dynamic, competitive market in natural gas. State regulators confront a daunting task in attempting to devise appropriate changes in their methods of regulating local distribution companies (LDCs). The many difficult problems facing them have a single source: gas is a commodity, but gas service is not. An MMBtu of gas in the ground in Texas is currently worth less than a dollar. An MMBtu of gas at a particular plant site or residence at a particular moment in time can be worth two dollars, five dollars, ten dollars, or even more. Getting the gas to a particular location at a particular time is a costly, complicated, and capital-intensive process. It requires use of multiple, immobile, idiosyncratic assets, including production and gathering facilities, high pressure pipelines, storage fields, and low pressure distribution lines. | |
dc.title | Intrastate Natural Gas Regulation: An Alternative Perspective | |
dc.source.journaltitle | Yale Journal on Regulation | |
refterms.dateFOA | 2021-11-26T11:59:12Z | |
dc.identifier.legacycoverpage | https://digitalcommons.law.yale.edu/yjreg/vol9/iss2/4 | |
dc.identifier.legacyfulltext | https://digitalcommons.law.yale.edu/cgi/viewcontent.cgi?article=1209&context=yjreg&unstamped=1 |