The U.S. Natural Gas Market in the 1990s by Gerald Pollio

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This article assesses the U.S. natural gas market in the 1990s and the sweeping changes that occurred in the aftermath of new regulatory changes. ... (More) This article assesses the U.S. natural gas market in the 1990s and the sweeping changes that occurred in the aftermath of new regulatory changes. The 1990s marked a time of increased competitiveness in the U.S. natural gas industry (both upstream and downstream), as the concurrent monopoly and monopsony roles of pipeline companies became largely, entirely in some instances, eliminated. Under open access rules, end users became free to negotiate directly with producers, with transmission companies providing transportation only. The rapid transformation of the natural gas market was greatly facilitated by the fact that deregulation coincided with lower gas prices. Other topics covered in this paper include domestic deliverability, regulatory and legislative issues, financial issues, and market factors. (This paper by Gerald Pollio, “The U.S. Natural Gas Market in the 1990s,” was published as Occasional Paper 12. Boulder, Colorado: The International Research Center for Energy and Economic Development, 1991. ISBN 0-918714-27-3). (Less)