A Note on Deregulation of Natural Gas Prices

Richard N. Cooper

RNC

Richard N. Cooper

Discussants: W. David Montgomery

WDM

W. David Montgomery

THE PURPOSE of this paper is to bring to the attention of a larger,
nonspecialized audience a possible change in policy that may have wide
and costly ramifications: deregulation of natural gas prices. There is
some value in making even rough “guesstimates” of the economic
implications of price deregulation because of the general bias that both
economists and businessmenh ave in favor of deregulation