Gas Pipelines and the Emergence of America's Regulatory State

The study of Panhandle Eastern's history shows the relationship between regulatory policy and the modern corporation in the twentieth century from a unique perspective, for it extends over three eras. This book shows how entrepreneurs competed, first, in an unregulated industry through the exercise of unrestrained corporate muscle, then as it became increasingly regulated and profitable, and finally in the era of business reorganization and deregulation when regulators changed the structure of the pipeline industry.

The study of Panhandle Eastern's history shows the relationship between regulatory policy and the modern corporation in the twentieth century from a unique perspective, for it extends over three eras--unregulated, regulated and deregulated.