The new age of natural gas: how the regulators brought competition

Article Abstract:

Regulation of the United States gas industry produced shortages, whereas deregulation resulted in lower prices, with prices peaking in 1984. An initiative which helped the industry to recover was Order 380, issued by the Federal Energy Regulatory Commission (FERC) in 1984, followed by further orders which simplified regulations. The market for gas now resembles a perfectly competitive market as described by economic theorists, and the industry is healthier overall.

---

Turning up the heat in the natural gas industry

Article Abstract:

The government can provide better service to consumers and protect consumer rights in the natural gas industry by allowing market forces to initiate industrial competition and by formulating reforms that will deregulate local gas distribution companies. Consumers should have access to various services and rate schemes. Moreover, command-and-control regulations must be replaced by the Performance-Based Regulation model in controlling retail gas prices.

Natural Gas, Crude Petroleum and Natural Gas Extraction, Economic aspects

---

Stranded in Sacramento: California tries legislating electrical competition

Article Abstract:

Management has the duty to act as an agent aimed at widening the interests of utility investors. If competition discontinues the bargain, stranding expenditures should be returned to investors equivalent to the expectations held before the competition. In California, owners of uneconomic plants are required to obtain the difference between the book value and the expected revenue to earn in an unregulated market.

Regulation and Administration of Communications, Electric, Gas, and Other Utilities, Electric Utilities Regulation, Electric utilities, Utility regulations, Sacramento, California

Similar abstracts:

• Abstracts: The three faces of Dow Chemical. The myth of the corporate conscience. The gurus of corporate change
• Abstracts: Enhancing document management. Windows and LANs: they are compatible
• Abstracts: Toward a mutual gains paradigm for labor-management relations. Empowerment of employees - private sector models in public education
• Abstracts: The intersection of CERCLA and RCRA: what companies should know. Environmental liability and its insurance in Germany
• Abstracts: The Eleventh Annual John Marshall National Moot Court Competition in Information and Privacy Law. Corporate security lags behind tech upgrades; a new survey of top companies shows that few guard against high technology's liabilities

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.