The Deregulation of the Natural Gas Industry The main objective of my paper is to discuss the key points surrounding the deregulation of the natural gas industry. I will lead into this discussion by explaining how the industry performed during a period of regulation and what transpired forcing a change to deregulate. By definition, “deregulation is the de-emphasis of governmental oversight of activities in the private sector” (Understanding Deregulation, p. 4). It was believed that regulation, “…showed first 75 words of 1484 total…

…showed last 75 words of 1484 total…p. 142). All in all, the majority of the changes that have occurred through the deregulation of the natural gas industry have placed an emphasis on the well being of the consumer, the need to be a competitive industry, and most important, a desire for economic efficiency (Ohio Oil and Gas Association Bulletin, October of 2000). I only hope that these positive trends continue on our own soil and our country’s dependency on foreign energy lessens.