scholarly journals An Introduction to Various Issues Surrounding the Ownership of Storage/Pipeline Gas

2007 ◽  
Vol 44 (3) ◽  
Author(s):  
Chris Simard ◽  
Andrew Lamb
Keyword(s):  
Natural Gas ◽  
Legal Decisions ◽  
New Class ◽  
Practical Possibility ◽  
The U.S ◽  
Storage Pipeline

The issues surrounding ownership of pipeline and stored gas have been largely ignored in Canada, with the result that many in the industry may be surprised to learn that their interests in such resources are not necessarily secured. By applying the most recent legal decisions in Canada and the U.S. to the practical possibility of an operator's insolvency, the authors discuss the likelihood, explore the advantages, and address the dangers of casting this relationship as a tenancy in common, bailment, or trust. While the importance of protecting a client's rights through extensive contractual principles is paramount in every relationship, the extent to which the judiciary will endorse contractual intentions in these unique circumstances is far from certain. This article explores the practical questions respecting issues of ownership and security as regards the natural gas arena to propose finally a new class of ownership that would treat natural gas rights as a sui generis category unique to storage/pipeline gas. 

scholarly journals An Introduction to Various Issues Surrounding the Ownership of Storage/Pipeline Gas

2015 ◽  
pp. 513
Author(s):  
Chris Simard ◽  
Andrew Lamb
Keyword(s):  
Natural Gas ◽  
Legal Decisions ◽  
New Class ◽  
Practical Possibility ◽  
Storage Pipeline

The issues surrounding ownership of pipeline andstored gas have been largely ignored in Canada, with the result that many in the industry may be surprised to learn that their interests in such resources are not necessarily secured. By applying the most recent legal decisions in Canada and the VS. to the practical possibility of an operator's insolvency, the authors discuss the likelihood, explore the advantages, and address the dangers of casting this relationship as a tenancy in common, bailment, or trust. While the importance of protecting a client's rights through extensive contractual principles is paramount in every relationship, the extent to which the judiciary will endorse contractual intentions in these unique circumstances is far from certain. This article explores the practical questions respecting issues of ownership and security as regards the natural gas arena to propose finally a new class of ownership that would treat natural gas rights as a <i>sui generis</i> category unique to storage/pipeline gas.

scholarly journals Costs of Biological and Cultural Resource Protection to the U.S. Natural Gas Industry

2020 ◽  
pp. 1-20
Author(s):  
Mitch Kunce
Keyword(s):  
Endangered Species ◽  
Natural Gas ◽  
Jel Classification ◽  
Cultural Resources ◽  
Private Lands ◽  
Gas Industry ◽  
Land Type ◽  
Threatened And Endangered Species ◽  
Natural Gas Industry ◽  
The U.S

Using a unique land transaction from the 1860s in the Western U.S., this paper examines whether the presence of biological and cultural resources on private and federal land increase drilling costs to the U.S. natural gas industry. Our results suggest that the presence of these resources can increase costs, but the effect depends on the land type and which resources are being protected. The presence of threatened and endangered species increase drilling costs significantly on both federal and private lands; whereas the existence of migratory wildlife like elk and pronghorn does not. Cultural resources have a differentiated impact-they raise drilling costs significantly on federal lands, but not on private lands. JEL classification numbers: C23, Q58. Keywords: Endangered Species, U.S. Natural Gas, Cultural Resources, Drilling Costs.

scholarly journals Adoption of Natural Gas Vehicles – Estimates for the U.S. and the State of Texas

2016 ◽  
Author(s):  
Chen (Sarah) Xu ◽  
Liang-Chieh (Victor) Cheng
Keyword(s):  
Natural Gas ◽  
Financial Incentives ◽  
Fossil Fuel ◽  
Diffusion Models ◽  
The State ◽  
Policy Makers ◽  
Fuel Taxes ◽  
Natural Gas Vehicles ◽  
Using Data ◽  
The U.S

Natural gas vehicles (NGV) have attracted more and more attention from policy makers since natural gas is a clean substitute for traditional fossil fuel that is also readily accessible. In some areas such as the state of Texas, vehicles that do not use traditional fossil fuel (e.g., NGVs) are exempt from paying fuel taxes. Government financial incentives have motivated substantial adoption of NGVs. This paper studies NGV adoption behavior in both U.S. and Texas markets to estimate the dynamics of NGV diffusion. This research employs well-known Bass diffusion models applied to NGV adoption, using data from both the U.S. and Texas. Among several interesting results, we find that NGV adoption through an imitation effect appears to be significant for the U.S. NGV market.

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