--> ABSTRACT: Oil and Gas Legislation and Laws Old, New, and Future, by Alan M. Garten; #91040 (2010)

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Oil and Gas Legislation and Laws Old, New, and Future

Alan M. Garten

Vintaging and price-fixing of old and new gas gave way to partial deregulation in 1978. Federal regulatory agencies have, through selective policies, attempted to create a climate whereby market-force economics will govern the buying and selling of fuel. Open access of interstate pipelines is not complete at this time and may never occur. The ability of the producer to sell old gas into any market for a market-based price, is still confusing and requires the use of an often costly regulatory process. Current regulations have a profound impact on the economic viability of every Rocky Mountain geological prospect. There are specific avenues for public input that geologists must begin to use.

AAPG Search and Discovery Article #91040©1987 AAPG Rocky Mountain Section Meeting, Boise, Idaho, September 13-16, 1987.