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The Natural Gas Market: Sixty Years of Regulation and Deregulation

Prof. Paul W. MacAvoy




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 | #2841980 in eBooks |  2001-02-01 |  2001-01-11 | File type: PDF

||About the Author|Paul W. MacAvoy is Williams Brothers Professor of Management Studies and former dean of the School of Management, Yale University.

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....

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