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United States · Bill · HR

H.R. 3246 (97th)

A bill to amend the Natural Gas Policy Act of 1978 to remove the price controls on certain natural gas produced after April 1981.

referredUnited States· United States Congress· EN

Introduced

27 April 1981

Last action

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Status

Referred to Subcommittee on Fossil and Synthetic Fuels.

Sponsors

—

Subjects

Discovery layer

Source updated

5 February 2024

Official sourceView documentsShare

Summary

Amends the Natural Gas Policy Act of 1978 to provide that, effective April, 1981, price controls for natural gas shall not apply to the sale of natural gas which is: (1) produced from any new well more than 2.5 miles from the nearest marker well; (2) subject to stated exceptions, produced from a reservoir from which natural gas was not produced before April, 1981, in commercial quantities; (3) high-cost natural gas; or (4) stripper well gas produced from a new well.

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Documents

1 official file

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