Note:
Rodney L. Brown, Jr., Legislative History of the Natural Gas
Policy Act: Title I, 59 Texas L. Rev. 101 (1980).
Abstract:
This Note examines the Natural Gas Policy Act of 1978 (NGPA) in
its evolutionary context as a means of understanding the Act and
its future interpretation. The author specifically examines the
wellhead pricing provisions as representative of the legislative
purposes and intended application of the Act. The Note concludes
that Congress used statutory principles of incentive pricing of
new gas, price controls on intrastate gas, and maintenance of
price controls on old gas to protect consumers and create a
market-based regulatory system.