Regulation and long-term contracting in US natural gas markets.

R. G. Hubbard, R. J. Weiner

Résultat de rechercheexamen par les pairs

50 Citations (Scopus)

Résumé

Addresses the recent experience of the US natural gas industry with contracting and regulation between producers and pipelines. Develops a model of contracting between a single buyer and seller, emphasizing the determination of price and minimum-purchase provisions. Finds that take-or-pay provisions are likely to emerge in regulated and unregulated markets characterized by uncertainty, but that phased deregulation may well exacerbate the problem of contract adjustment. -from Authors

Langue d'origineEnglish
Pages (de-à)71-79
Nombre de pages9
JournalJournal of Industrial Economics
Volume35
Numéro de publication1
DOI
Statut de publicationPublished - 1986

ASJC Scopus Subject Areas

  • Accounting
  • General Business,Management and Accounting
  • Economics and Econometrics

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