Download or read book The Economic and Financial Impact of Governmental Deregulation on the U S Natural Gas Industry written by Naijiang Zhou and published by . This book was released on 1994 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent changes in the structure of the U.S. natural gas industry include consolidation of operations among oil and gas producers, a revised role for major interstate natural gas pipelines from merchants to common carriers, emergence of natural gas spot and futures markets, and increased gas-to-gas competition and competition from alternative energy sources. Particularly, FERC Order 636, issued in 1992, directed a sweeping restructuring of the natural gas transmission industry. The FERC's intent was to bring about the final deregulation of the gas industry, creating a market place that would promote competition, give consumers more choices, and provide more efficient and market-sensitive gas supplies and transportation services. As a result, the way of doing business in the U.S. natural gas industry has been permanently changed. Changes in the governmental regulations have affected not only the structure of the gas industry, but also the economics of natural gas companies and end users. During the regulatory transition, major interstate natural gas pipelines incurred significant costs, and their overall financial performance was less than satisfactory. On the other hand, however, local distribution companies enjoyed growth in asset base, operating revenues, and net income. In general, industrial and electric utility customers have benefited more from the recent changes in the U.S. natural gas market than captive residential and commercial customers. Facing these unprecedented developments, producers, pipelines, and local distribution companies restructured their operations. They laid off employees, spun off assets, consolidated operations, reduced long-term debt, and adjusted capital spending in an effort to cut down costs and improve operating efficiency. The outlook of the gas industry can be characterized by sustained gas demand and tight supply, with the greatest opportunity for gas market growth coming from electric power generation and natural gas vehicles. The market share of Canadian gas in the U.S. is expected to increase. Governmental regulations will continue to play an important role in stimulating increased use of natural gas. To adapt to an increasingly competitive environment, the future strategies of the gas companies should emphasize efficiency, supply reliability, R&D, and risk management
Download or read book The economic and financial impact of government deregulation on the U S natural gas industry written by Nai-chiang Chou and published by . This book was released on 1994 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Impact of Natural Gas Deregulation written by United States. Congress. House. Committee on Government Operations. Environment, Energy, and Natural Resources Subcommittee and published by . This book was released on 1982 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economics of Natural Gas Deregulation written by United States. Congress. Joint Economic Committee and published by . This book was released on 1983 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Deregulation of Natural Gas Prices written by United States. Department of the Interior. Office of Economic Analysis and published by . This book was released on 1974 with total page 614 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Natural Gas Deregulation written by United States. Congress. Joint Economic Committee. Subcommittee on International Trade, Finance, and Security Economics and published by . This book was released on 1982 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book New Horizons in Natural Gas Deregulation written by Jerome R. Ellig and published by Bloomsbury Publishing USA. This book was released on 1996-01-19 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the natural gas industry, competition and contracting are gradually replacing monopoly and regulation. In this volume, many leading economists who follow the gas industry present their views on current and future industry trends. To help regulators and industry leaders better understand these changes and to reform regulation, the authors apply economic theories of contestable markets, public choice, transaction costs and dynamic entrepreneurship to the gas industry. The issues addressed in this work are crucial, not just for the gas industry, but for all industries that have traditionally been treated as regulated monopolies.
Download or read book The Natural Gas Market written by Paul W. MacAvoy and published by Yale University Press. This book was released on 2008-10-01 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: divOver 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. /DIV
Download or read book The Natural Gas Industry and the Effects of Price Deregulation written by Jose Ricardo Davila-Sanchez and published by . This book was released on 1982 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Change in Social Welfare from Deregulation written by Alice Gerster Breed and published by Ayer Publishing. This book was released on 1979-01-01 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: This doctoral dessertation examines the change in social welfare under the hypothesis that deregulation of the natural gas industry would result in a oligarchy instead of a monopoly.
Download or read book Economic Impact of Natural Gas Deregulation written by United States. Congress. House. Committee on Government Operations and published by . This book was released on 19?? with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Regulation and Its Reform written by Nancy L. Rose and published by University of Chicago Press. This book was released on 2014-08-29 with total page 619 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.
Download or read book Reliable Affordable and Environmentally Sound Energy for America s Future written by United States. National Energy Policy Development Group and published by Group Publishing (Company). This book was released on 2001 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Palgrave Encyclopedia of Strategic Management written by and published by Palgrave Macmillan. This book was released on 2018-05-04 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Palgrave Encyclopedia of Strategic Management has been written by an international team of leading academics, practitioners and rising stars and contains almost 550 individually commissioned entries. It is the first resource of its kind to pull together such a comprehensive overview of the field and covers both the theoretical and more empirically/practitioner oriented side of the discipline.
Download or read book China s Gas Development Strategies written by Shell International B.V. and published by Springer. This book was released on 2017-11-23 with total page 515 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is open access under a CC BY 4.0 license. This book examines how China can increase the share of natural gas in its energy system. China’s energy strategy has global ramifications and impact, and central to this strategy is the country’s transition from coal to gas. The book presents the culmination of a two-year collaboration between the Development Research Center of the State Council (DRC) and Shell. With the Chinese government’s strategic aim to increase the share of gas in the energy mix from 5.8% in 2014 to 10% and 15% in 2020 and 2030 respectively, the book outlines how China can achieve its gas targets. Providing both quantifiable metrics and policy measures for the transition, it is a much needed addition to the literature on Chinese energy policy. The research and the resulting recommendations of this study have fed directly into the Chinese government’s 13th Five-Year Plan, and provide unique insights into the Chinese government and policy-making. Due to its global impact, the book is a valuable resource for policy makers in both China and the rest of the world.
Download or read book The Financial Crisis Inquiry Report written by Financial Crisis Inquiry Commission and published by Cosimo, Inc.. This book was released on 2011-05-01 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.
Download or read book The Federal Reserve System Purposes and Functions written by Board of Governors of the Federal Reserve System and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
