Interenergy Competition in Natural Gas Price Formation: The Case of the United States Since Deregulation by Ronan Huitric and John Crowley

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This article looks at the issue of natural gas price formation in the United States in the aftermath of deregulation in the United States. Many an... (More) This article looks at the issue of natural gas price formation in the United States in the aftermath of deregulation in the United States. Many analysts explained natural gas price formation during this period as a result of gas-to-gas completion, combined with a surplus of deliverability, which the author believe was improperly referred to as a “gas bubble.” The authors explain why this explanation of price formation is inadequate and offer an alternative. (This paper by Ronan Huitric and John Crowley, “Interenergy Competition in Natural Gas Price Formation: The Case of the United States Since Deregulation,” was published by Occasional Paper 8. Boulder, Colorado: The International Research Center for Energy and Economic Development, 1990. ISBN 0-918714-20-6). (Less)