In 1992, the U.S. Federal Energy Regulatory Commission created a secondary market for natural gas transportation whereby shippers holding firm transportation capacity on interstate natural gas pipelines can compete with the pipeline in the provision of transportation services. However, if a shipper does not use some of its contracted firm transportation capacity, the pipeline can resell that ca...

For transportation of natural gas (NG), pipeline transportation is often used. However, when gas volumes are moderate, and/or transportation distances are large, the capital and operating costs for pipeline transport become prohibitive. In such cases, transport of Liquefied Natural Gas (LNG) in tankers is often the preferred choice for bringing the gas to the market. In the liquefaction process...

Natural gas is seen by many as the future of American energy: a fuel that can provide energy independence and reduce greenhouse gas emissions in the process. However, there has also been confusion about the climate implications of increased use of natural gas for electric power and transportation. We propose and illustrate the use of technology warming potentials as a robust and transparent way...