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legislation: 97-s-3069

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
97-s-3069 97 s 3069 A bill to amend the Natural Gas Policy Act of 1978 to prohibit increases in the wellhead prices of natural gas, and for other purposes. Energy 1982-12-02 1982-12-02 Read twice and referred to the Committee on Energy and Natural Resources. Senate Sen. Eagleton, Thomas F. [D-MO] MO D E000004 6 Amends the Natural Gas Policy Act of 1978 to provide that the maximum lawful price applicable to the first sale of natural gas from December 2, 1982, through December 31, 1984, shall be the maximum lawful price applicable to such sale on August 31, 1982, under the Act. Provides that in the case of any first sale of natural gas from a well the surface drilling of which began prior to December 2, 1982, and for which there was no applicable maximum lawful price for such sale on December 2, 1982, through December 31, 1984, shall be the contract price specified for deliveries of such natural gas on August 31, 1982. Provides that the maximum lawful price applicable to the first sale of natural gas on August 31, 1982, shall be increased for any month beginning on or after January 1, 1985, at the rate specified for such gas. Directs the Comptroller General to conduct a study concerning the profitability of natural gas production under the Act. Extends for two years the expiration date of (1) price controls; and (2) standby authority. 2025-04-23T11:41:33Z  

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