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Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > Gas industries
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The Natural Gas Market - Sixty Years of Regulation and Deregulation (Hardcover, New)
Loot Price: R1,960
Discovery Miles 19 600
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The Natural Gas Market - Sixty Years of Regulation and Deregulation (Hardcover, New)
Expected to ship within 12 - 17 working days
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Over 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.
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