Competition in the Natural Gas Pipeline Industry

An Economic Policy Analysis

Edward C. Gallick

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English

Praeger Publishers Inc
30 January 1993

Microeconomics; Business competition; Gas industries

This work considers the potential effects of competition in the natural gas pipeline industry. Contrary to published studies and government reports, this study concludes that federal regulation in the industry is no longer necessary to limit the market power of current pipeline suppliers. Rather, potential entry by nearby suppliers--a competitive factor largely ignored in most economic analyses--will promote competition in most major markets. The purpose of the work is two-fold: to quantify the competitive effect of potential market entry by natural gas suppliers; and to demonstrate that any industry analysis which fails to consider this competitive factor is likely to be in error.

This compilation and analysis of market-by-market data on current deliveries by pipeline, location of nearby deliveries, and location of nearby pipelines which make no deliveries will be of interest to scholars, policymakers, and industry analysts concerned with competitive, antitrust, and regulatory issues.

By: Edward C. Gallick
Imprint: Praeger Publishers Inc
Country of Publication: United States
Dimensions: Height: 234mm, Width: 156mm, Spine: 17mm
Weight: 603g
ISBN: 9780275943462
ISBN 10: 0275943461
Pages: 304
Publication Date: 30 January 1993
Recommended Age: From 7 to 17 years
Audience: College/higher education , A / AS level , Further / Higher Education
Format: Hardback
Publisher's Status: Active

Edward C. Gallick is director of the Division of Competition Analysis, Office of Economic Policy, Federal Energy Regulatory Commission. Previously, he served as a deputy assistant director and senior economist at the Federal Trade Commission. He holds a PhD from the University of California at Los Angeles.

Reviews for Competition in the Natural Gas Pipeline Industry: An Economic Policy Analysis

The book is well organized and written. Five appendixes supply statistics and names of markets and pipelines. Advanced undergraduate through professional. * Choice *