Tennessee Gas Pipeline Company is one firm that has some features of a monopolist though that may not make it have absolute monopoly in the natural gas market in the entire Tennessee. TGPL controls important resources in the natural gas sector. In addition, the company enjoys economies of scale courtesy of its extensive pipeline network (11,800 miles) and huge underground storage capacity. Being one of the oldest natural gas companies in the United States, TGPL has several patents and licensing that protects it from other close competitors. However, TGPL cannot be said to be a monopolist because the industry has other producers with significant market share and therefore have the ability to influence the prices in the market. Moreover, the