Question: 1 . What is open-access pipeline transportation? Explain the difference between merchant carriage and common / contract carriage. 2 . How did open-access pipeline transportation

1. What is open-access pipeline transportation? Explain the difference between merchant carriage and common/contract carriage.

2. How did open-access pipeline transportation lead to price convergence in US natural gas markets?

3. Discuss how you might go about testing empirically the hypothesis that an event led prices to become more tightly linked across market locations.

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1 OpenAccess Pipeline Transportation Openaccess pipeline transportation is a regulatory framework that allows multiple entities known as shippers to use a common carriers pipeline infrastructure The c... View full answer

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