Natural gas legislation: a consumer's perspective

Technical Report · Mon Aug 01 04:00:00 EDT 1983

OSTI ID:5423981

Lemon, J R

This report evaluates three major legislative proposals: accelerated decontrol of both old and new wellhead prices as proposed by the Reagan administration (S.615, H.R. 1760); imposition of new natural gas price controls at lower levels as proposed by Congressman Gephardt (H.R. 2154); and conversion of interstate gas pipelines to common carriage as proposed by Senators Dixon and Percy and by Congressman Corcoran (S. 1119, H.R. 2565). The reference or base case scenario used in the evaluation is a continuation of the Natural Gas Policy Act of 1978 (NGPA) with no legislative modifications. First, projections of wellhead and burner-tip natural gas prices are presented for the period 1983-1990, and then consumer benefits under the different scenarios are estimated. All projections presented assume that legislation takes effect as of January 1, 1983 and that normal weather patterns are experienced. All prices identified in the report are given in 1982 dollars unless otherwise indicated. 5 figs., 1 tab.

• Research Organization: Illinois Commerce Commission, Springfield (USA)
• OSTI ID: 5423981
• Report Number(s): NP-5902099; ON: DE85902099
• Country of Publication: United States
• Language: English

Related Subjects

03 NATURAL GAS
030600 -- Natural Gas-- Economic
Industrial
& Business Aspects
031000* -- Natural Gas-- Legislation & Regulations
DEREGULATION
ENERGY SOURCES
FEDERAL REGION V
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
ILLINOIS
INDUSTRY
LAWS
LEGISLATION
MARKET
NATIONAL ENERGY ACT
NATURAL GAS
NATURAL GAS INDUSTRY
NATURAL GAS POLICY ACT
NORTH AMERICA
PIPELINES
PRICES
PRICING REGULATIONS
REGULATIONS
USA