Award Date

1-1-1996

Degree Type

Thesis

Degree Name

Master of Arts (MA)

Department

Economics

Number of Pages

41

Abstract

Buying, selling, and transporting natural gas through underground pipelines has historically been regulated. However, in 1978 the Natural Gas Policy Act was passed, reducing the control that regulators had over the price of natural gas. In addition, the 1989 Natural Gas Wellhead Decontrol Act and the Federal Energy Regulatory Commission's Order #636 in 1992, continued deregulation of both natural gas prices and transportation from the point of sale to the customer's burner tip; Analysts have argued these regulatory changes have increased competition in the natural gas industry. This paper presents an empirical analysis of the Texas natural gas production industry in order to determine the impact of regulatory change on the structure of the industry. The empirical analysis confirms that deregulation has increased competition among Texas natural gas producers.

Keywords

Deregulation; Effects; Gas; Industry; Natural; Production; Structure; Texas

Controlled Subject

Commerce; Public administration; Economics; Force and energy; Industrial management

File Format

pdf

File Size

1218.56 KB

Degree Grantor

University of Nevada, Las Vegas

Language

English

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