HR 4277 · 98th Congress · Energy
Natural Gas Market Policy Act of 1984
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Placed on Union Calendar No: 472.(1984-05-31)
Plain Language Summary
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Natural Gas Policy Adjustments Act of 1983 - Title I: National Gas Pipeline Accountability - Amends the Natural Gas Policy Act of 1978 to provide that for purposes of the denial by the Federal Energy Regulatory Commission (FERC) of the cost passthroughs to interstate pipelines, the term "abuse" includes misrepresentation, imprudence on the part of the pipeline, the pipeline's failure to bargain at arm's-length with any producer, and the entering into or operating pursuant to a contract by a pipeline with a producer or other seller if the contract materially prevents a response to changes in customer demand or other market forces. Permits any interested persons to request a hearing before the Federal Energy Regulatory Commission (FERC) concerning a pipeline's request for a rate increase which reflects the cost of purchased gas. Prohibits an interstate pipeline from selling in interstate commerce during any month to an affiliate intrastate pipeline, Hinshaw pipeline, or local distribution company a greater percentage of the quantities of natural gas contractually available for sale during the month by the interstate pipeline to its affiliate than the percentage of contractually avail…
Summarized by Claude AI · Non-partisan · For informational purposes only