Natural Gas Consumer Protection Act

Summary

Natural Gas Consumer Protection Act - Amends the Natural Gas Policy Act of 1978 to define the term "abuse" for purposes of disqualifying cost pass throughs so as to include: (1) misrepresentation; (2) imprudence on the part of a pipeline; (3) failure by a pipeline to bargain at arms-length with any producer; and (4) the entering into, or operating pursuant to any contract by a pipeline with a producer if such contract materially prevents the pipeline from responding to changes in customer demand or other market forces. Sets forth the circumstances under which a rebuttable presumption arises that a contract materially prevents a pipeline from responding to changes in customer demand or other market forces. Authorizes the Federal Energy Regulatory Commission to prescribe the maximum duration of a contract for the purchase of natural gas.

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1 official file

• Introduced in House

  summary · EN · 6 January 1983

  Open at official source

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