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dc.contributor.authorPierce, Richard
dc.date2021-11-25T13:35:23.000
dc.date.accessioned2021-11-26T11:59:12Z
dc.date.available2021-11-26T11:59:12Z
dc.date.issued1992-01-01T00:00:00-08:00
dc.identifieryjreg/vol9/iss2/4
dc.identifier.contextkey8599991
dc.identifier.urihttp://hdl.handle.net/20.500.13051/8449
dc.description.abstractProfessor 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.titleIntrastate Natural Gas Regulation: An Alternative Perspective
dc.source.journaltitleYale Journal on Regulation
refterms.dateFOA2021-11-26T11:59:12Z
dc.identifier.legacycoverpagehttps://digitalcommons.law.yale.edu/yjreg/vol9/iss2/4
dc.identifier.legacyfulltexthttps://digitalcommons.law.yale.edu/cgi/viewcontent.cgi?article=1209&context=yjreg&unstamped=1


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