Competition in the Natural Gas Pipeline Industry: An Economic Policy Analysis

Competition in the Natural Gas Pipeline Industry: An Economic Policy Analysis

by Edward C. Gallick
     
 

ISBN-10: 0275943461

ISBN-13: 9780275943462

Pub. Date: 01/30/1993

Publisher: ABC-CLIO, Incorporated

This work considers the potential effects of competition in the natural gas pipeline industry. Contrary to published studies and government reports, this study concludes that federal regulation in the industry is no longer necessary to limit the market power of current pipeline suppliers. Rather, potential entry by nearby suppliers—a competitive factor largely

Overview

This work considers the potential effects of competition in the natural gas pipeline industry. Contrary to published studies and government reports, this study concludes that federal regulation in the industry is no longer necessary to limit the market power of current pipeline suppliers. Rather, potential entry by nearby suppliers—a competitive factor largely ignored in most economic analyses—will promote competition in most major markets. The purpose of the work is two-fold: to quantify the competitive effect of potential market entry by natural gas suppliers; and to demonstrate that any industry analysis which fails to consider this competitive factor is likely to be in error.

This compilation and analysis of market-by-market data on current deliveries by pipeline, location of nearby deliveries, and location of nearby pipelines which make no deliveries will be of interest to scholars, policymakers, and industry analysts concerned with competitive, antitrust, and regulatory issues.

Product Details

ISBN-13:
9780275943462
Publisher:
ABC-CLIO, Incorporated
Publication date:
01/30/1993
Pages:
304
Product dimensions:
6.14(w) x 9.21(h) x 0.69(d)
Lexile:
1600L (what's this?)

Table of Contents

Introduction

The Natural Gas Industry

The Methodology

The Short Run

The Intermediate Run

The Long Run

The Policy Choice

Appendixes

Index

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