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The Natural Gas Industry in Transition

After 25 years of field price regulation, the U.S. natural gas industry is moving to a deregulated field market. This transition period has been made more difficult because of the international recession, depressed oil prices, and statutory restraints on gas use that were originally designed under assumptions of declining gas supply.

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Energy Specializations: Natural Gas – Markets and Prices

JEL Codes: Q40: Energy: General, Q41: Energy: Demand and Supply; Prices, Q35: Hydrocarbon Resources

Keywords: Natural gas industry, Deregulated field market, Natural gas supply, US

DOI: 10.5547/ISSN0195-6574-EJ-Vol4-No1-8

Published in Volume 4, Number 1 of the bi-monthly journal of the IAEE's Energy Economics Education Foundation.


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