Public Impact of Natural Gas Price Deregulation

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Excerpt from Public Impact of Natural Gas Price Deregulation: Hearing Before the Subcommittee on Antitrust and Monopoly of the Committee on the Judiciary, United States Senate, Ninety-Fifth Congress, First Session, on S. 2104, a Bill to Establish a Comprehensive Natural Gas Policy Why is the industry reluctant to tap this source of additional gas supplies? Perhaps because such a program would put the burden of responsibility for conservation of a scarce resource on the gas companies - instead of on the utility consumer or the us. Congress. In conclusion, I do not come before this subcommittee as a strong proponent of the theory and practice of regulation, But I am faced with three alterna tive regulators of the future price of natural gas: the opec nations, the gas industry or the Federal government. Given those alternatives, I favor continued Federal gas price regulation with realistic increases that will generate the most new gas supplies at the lowest cost to consumers. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.