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U.S. Natural Gas Markets: Recent Trends and Prospects for the Future

1. Introduction and Background

1 See Appendix A for the complete text of the Secretary’s request.

2 Energy Information Administration, Monthly Energy Review, DOE/EIA-0035(2001/03) (Washington, DC, March 2001).

3 On a common energy content basis.

4 Additional detail on storage is provided in Chapter 2 of this report.

5 The commodity (fuel) portion of the natural gas market is deregulated. However, transmission and distribution rates remain regulated by the FERC in the case of interstate transmission and by State authority in the case of intrastate distribution systems, including LDCs. Numerous programs are also underway to give small end users the opportunity to select suppliers.