The impact of regulation on productivity growth: An application to the transmission sector of the interstate natural gas industry

1996 ◽  
Vol 10 (3) ◽  
pp. 291-306 ◽  
Author(s):  
Gerald Granderson ◽  
Carl Linvill
Keyword(s):  
Natural Gas ◽  
Productivity Growth ◽  
Gas Industry ◽  
Natural Gas Industry ◽  
The Impact

The Impact of Canadian Gas Deregulation—A Producer's Perspective

1987 ◽  
Vol 5 (1) ◽  
pp. 57-64
Author(s):  
D. G. Stoneman
Keyword(s):  
Natural Gas ◽  
Energy Markets ◽  
Competitive Situation ◽  
Gas Industry ◽  
Floor Price ◽  
Canadian Market ◽  
Natural Gas Industry ◽  
Competitive Pricing ◽  
The Impact ◽  
Multiple Buyers

The highly competitive situation that has evolved in energy markets and in the gas industry itself has made regulations impractical. In anticipation of this situation the Canadian Petroleum Association (CPA) formulated an Alternate Energy Policy to cope with the rapidly changing market conditions and to avoid the confusion resulting from ambiguous regulations. The policy was also designed to be adequate for the complexities of gas marketing and to meet the challenges of other energy forms by competitive pricing. As a result of the intricate nature of the operations of the Canadian natural gas industry the process of deregulation has been lengthy and difficult. Nevertheless significant changes have taken place. By the fall of 1986 some 400 billion† cubic feet or 35% of the eastern Canadian market was served by renegotiated prices under Competitive Marketing Programs started in November 1985. A deregulated natural gas industry will be characterized by multiple buyers and sellers, negotiated wholesale prices free of restrictions and a non-discriminatory gas transportation system. Issues of deregulation still to be resolved include: conflict between honoring contracts and the needs of changing market circumstances; review of the surplus test which governs export quotas; elimination of the export floor price. There are also concerns in the industry about the hindrances to finding other markets and the elimination of provincial taxes.

scholarly journals The Impact of Firm Speed Capabilities on the Decision to Partner or Go It Alone

2021 ◽  
Author(s):  
Ashton Hawk ◽  
Jeffrey J. Reuer ◽  
Andrew Garofolo
Keyword(s):  
Natural Gas ◽  
Liquefied Natural Gas ◽  
Project Development ◽  
Gas Industry ◽  
Basic Premise ◽  
Investment Projects ◽  
Natural Gas Industry ◽  
Using Data ◽  
The Impact

This study empirically examines the role of intrinsic speed capabilities, which refer to the ability to execute investment projects faster than competitors, in shaping corporations’ choice of alliances versus autonomous project development. Our basic premise is that firms lacking intrinsic speed capabilities (i.e., slow firms) are more likely to turn to alliances to supplement their capability deficiency. However, we expect that the ability of slow firms to partner with fast firms hinges on the former’s possession of complementary supporting assets. Our empirical analyses furnish evidence supporting these ideas using data from the global liquefied natural gas industry.

Finding Fault with the Nexus Pipeline? Agency Capture and the Public Good

2017 ◽  
Vol 1 (1) ◽  
pp. 1-8
Author(s):  
Andrew R. Kear
Keyword(s):  
Natural Gas ◽  
Environmental Impact ◽  
Public Good ◽  
Health And Safety ◽  
Environmental Impact Statement ◽  
Gas Industry ◽  
The Public ◽  
Fracturing Process ◽  
Natural Gas Industry ◽  
Regulatory Commission

Natural gas is an increasingly vital U.S. energy source that is presently being tapped and transported across state and international boundaries. Controversy engulfs natural gas, from the hydraulic fracturing process used to liberate it from massive, gas-laden Appalachian shale deposits, to the permitting and construction of new interstate pipelines bringing it to markets. This case explores the controversy flowing from the proposed 256-mile-long interstate Nexus pipeline transecting northern Ohio, southeastern Michigan and terminating at the Dawn Hub in Ontario, Canada. As the lead agency regulating and permitting interstate pipelines, the Federal Energy Regulatory Commission is also tasked with mitigating environmental risks through the 1969 National Environmental Policy Act's Environmental Impact Statement process. Pipeline opponents assert that a captured federal agency ignores public and scientific input, inadequately addresses public health and safety risks, preempts local control, and wields eminent domain powers at the expense of landowners, cities, and everyone in the pipeline path. Proponents counter that pipelines are the safest means of transporting domestically abundant, cleaner burning, affordable gas to markets that will boost local and regional economies and serve the public good. Debates over what constitutes the public good are only one set in a long list of contentious issues including pipeline safety, proposed routes, property rights, public voice, and questions over the scientific and democratic validity of the Environmental Impact Statement process. The Nexus pipeline provides a sobering example that simple energy policy solutions and compromise are elusive—effectively fueling greater conflict as the natural gas industry booms.

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