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Title: Contract Interpretation - Evolution In Gas Marketing And Gas Measurement
Author: Gerald E. Hahn
Source: 1992 American School of Gas Measurement Technology
Year Published: 1992
Abstract: As everyone knows, tremendous change began to occur in the infrastructure of the natural gas industry starting in the mid to late 80s. From the contractual viewpoint, the way natural gas would find itself to market changed significantly. Ten years ago, the interstate and intrastate pipeline companies in the U.S. were the purchasers of gas from the producing industry and the sellers of gas to the consuming industry. However, with the advent of changing regulations and a move to decontrol, a tremendous number of companies and people entered the merchant phase of the natural gas business. Very few people, if any, could foresee the magnitude of diange that this shift in merchant mentality would bring.

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