Gas decontrol will spur production, cut oil dependence

Journal Article · Mon Jul 05 04:00:00 EDT 1982 · Energy User News; (United States)

OSTI ID:5082515

Kiernan, R W

Mr. Kiernan says the consensus among industrial natural gas users is that the Natural Gas Policy Act (NGPA) has distorted production and the market. The National Association of Manufacturers (NAM) blames the NGPA's low prices and incorrect forecasts for discouraging exploration and fuel production, with the result that old wells are abandoned and new wells aren't developed. NAM recommends deregulation as a way to increase natural-gas supplies and reduce dependence on imported oil. The boost to the economy would create capital for further exploration. Phased decontrol under NGPA will also create a price spike in 1985 that concerns industrial users. Higher gas prices will encourage fuel substitution and efficient end-use. Other complaints cite legislative restriction against industrial uses of gas and unfair pricing constraints for some users. (DCK)

• Research Organization: National Association of Manufacturers, Washington, DC
• OSTI ID: 5082515
• Journal Information: Energy User News; (United States), Journal Name: Energy User News; (United States) Vol. 7:27; ISSN EUSND
• Country of Publication: United States
• Language: English

Related Subjects

03 NATURAL GAS
030600 -- Natural Gas-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294003* -- Energy Planning & Policy-- Natural Gas
DEREGULATION
ECONOMIC IMPACT
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
INDUSTRY
LAWS
NATIONAL ENERGY ACT
NATURAL GAS
NATURAL GAS POLICY ACT