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II. Problems with the NGPA - The Need to Modify the Natural Gas Policy Act

The current debate over the Natural Gas Policy Act of 1978 (NGPA) has three components: 1. Is the NGPA likely to achieve the goals Congress established for it in 1978? 2. Is the NGPA likely to lead to an extension of controls beyond 1985? If so, what are the consequences of such an extension? 3. What are the costs and benefits of alternatives to the NGPA?

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Energy Specializations: Natural Gas – Policy and Regulation

JEL Codes: Q40: Energy: General, Q48: Energy: Government Policy, Q35: Hydrocarbon Resources, L98: Industry Studies: Utilities and Transportation: Government Policy

Keywords: Natural gas policy act (NGPA), US, Regulation

DOI: 10.5547/ISSN0195-6574-EJ-Vol3-No4-2

Published in Volume 3, Number 4 of the bi-monthly journal of the IAEE's Energy Economics Education Foundation.


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