Natural Gas Market Evolution in US

Interstate pipelines are regulated, but the wellhead prices are not regulated. For the benefit of the end customer, the state government began seeking control of the wellhead price from the court. In the 1940 's, the Supreme Court stated that if the natural gas producer and the procurement pipeline were in tie - up 1, the portal price would be within the scope of the Federal Government' s reference condition 1. In this case, FPC thinks natural gas well price is competitive by the power of market unless natural gas producer and pipeline company are concerned.

The National Association of Natural Gas (AGA) recently announced a report that unveiled US natural gas business units focusing on the diversity of the natural gas market business. A comprehensive report includes basic indicators, characteristics (by energy information survey of commercial buildings of the Energy Information Administration Administration (EIA)), economic contribution, evolution, and growth forecasts of the business sector of the natural gas market Breakdown is included. With this partnership, we are pleased with the energy efficiency impact on the reduction of energy consumption intensity of commercial buildings, including consumption of natural gas. Recent commercial market growth has generally increased natural gas consumption, but the building consumes less energy per square foot.

The assessment of the impact on the natural gas market became complicated by changes in the situation of the natural gas market. Although the upper limit and the increase in natural gas usage costs under the trading system tend to decrease the demand for natural gas, demand for natural gas is the fossil fuel with the lowest carbon density, fuel conversion to natural gas Is a potentially attractive emission reduction strategy. However, due to the rapid rise in natural gas prices in recent years, the cost of reducing emissions due to fuel conversion is the same 182 The cost of natural gas for power generation is equivalent to twice its cost. Coal (based on energy content) in 1999 cost more than five times the cost of coal in 2005