Natural Gas Emergency Act of 1975, Hearing Before the ..., 94-1, September, 15, 19751975 - 101 pages |
From inside the book
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Page 27
... cents a thousand cubic feet is not given a priority because it is using that gas for boiler fuel . A priority purchaser purchases that gas out of State and the utility in California must then go on to the market and buy $ 16 , $ 18 ...
... cents a thousand cubic feet is not given a priority because it is using that gas for boiler fuel . A priority purchaser purchases that gas out of State and the utility in California must then go on to the market and buy $ 16 , $ 18 ...
Page 29
... cents even today . The range of spot market prices divergent over a factor of three . The average prices I indicated before , in my mind , is probably in the 90 cents to $ 1.20 range in terms of the average spot price . I would have to ...
... cents even today . The range of spot market prices divergent over a factor of three . The average prices I indicated before , in my mind , is probably in the 90 cents to $ 1.20 range in terms of the average spot price . I would have to ...
Page 31
... cents while intrastate prices are at $ 1.50 . Between 1964 and 1969 , we added 17 trillion cubic feet of reserves every year . Of that 17 trillion cubic feet , 12 was new gas dedicated to the inter- state market . In the last 3 years ...
... cents while intrastate prices are at $ 1.50 . Between 1964 and 1969 , we added 17 trillion cubic feet of reserves every year . Of that 17 trillion cubic feet , 12 was new gas dedicated to the inter- state market . In the last 3 years ...
Page 32
... cents . Senator HARTKE . They feel they can make a ripoff if they hold onto it . Mr. ZAUSNER . No , they would lose their shirt by selling gas at 50 cents when it costs $ 1 to produce . Senator HOLLINGS . You made one key phrase . None ...
... cents . Senator HARTKE . They feel they can make a ripoff if they hold onto it . Mr. ZAUSNER . No , they would lose their shirt by selling gas at 50 cents when it costs $ 1 to produce . Senator HOLLINGS . You made one key phrase . None ...
Page 43
... There are several just and reasonable standards . There is the just and reasonable standard under our national rate , which allows expired contracts for old gas to receive a higher price at 51 cents plus the taxes . The realistic price , ...
... There are several just and reasonable standards . There is the just and reasonable standard under our national rate , which allows expired contracts for old gas to receive a higher price at 51 cents plus the taxes . The realistic price , ...
Common terms and phrases
180-day emergency action additional Administration's agency allocation alternate fuels August authority basis bill billion cubic feet ceiling price Chairman Commission's committed Committee Congress contract cost court of appeals deregulation determine economic effect Emergency Act emergency legislation enactment essential users Federal Energy Administration Federal Power Commission impact increase industrial users INGAA interstate market interstate natural gas interstate pipeline companies intrastate prices issued jurisdiction market price maximum efficient rate NASSIKAS Natural Gas Act Natural Gas Emergency natural gas produced natural gas shortage natural gas supply needs onshore OPEC Outer Continental Shelf percent period powerplant price ceiling priority interstate purchaser propane proposals purchased gas reasonable rate regulation requirements reservoir result Senator GLENN Senator HARTKE Senator HOLLINGS Senator STEVENSON Senator TUNNEY September 15 short-term spot price statement sumers supplies of natural term tion U.S. Supreme Court United States Code wellhead winter ZARB ZAUSNER
Popular passages
Page 15 - If any provision of this Act, or the application of such provision to any . person or circumstance, shall be held invalid, the remainder of this Act, or the application of such provision to persons or circumstances other than those as to which it is held invalid, shall not be affected thereby. SEC. 16. This Act may be cited as the "National Labor Relations Act.
Page 8 - Secretary shall take into account the nature, circumstances, extent, and gravity of the violation committed and, with respect to the person found to have committed such violation, the degree of culpability, any history of prior offenses, ability to pay, effect on ability to continue to do business and such other matters as justice may require.
Page 14 - Territory or other place subject to the jurisdiction of the United States, to enjoin such acts or practices, and upon a proper showing a permanent or temporary injunction or restraining order shall be granted without bond.
Page 12 - The functions exercised under this title are excluded from the operation of subchapter II of chapter 5, and chapter 7 of title 5, United States Code, except as to the requirements of sections 552, 553, and 555 of title 5, United States Code.
Page 13 - Emergency Court of Appeals, which shall consist of three or more judges to be designated by the Chief Justice of the United States from judges of the United States district courts and circuit courts of appeals.
Page 14 - In case of contumacy or refusal to obey a subpena served upon any person pursuant to this paragraph, the district court of the United States for any district in which such person is found or resides or...
Page 14 - Appeals, shall have exclusive jurisdiction to determine the constitutional validity of any provision of this title or of any regulation or order issued under this title. Except as provided in this section, no court, Federal or State, shall have jurisdiction or power to consider the constitutional validity of any provision of this title or of any such regulation or order, or to stay, restrain, enjoin, or set aside, in whole or in part, any provision of this title authorizing the issuance of such regulations...
Page 15 - The authority to issue and enforce orders and regulations under this title expires at midnight April 30, 1973, but such expiration shall not affect any action or pending proceedings, civil or criminal, not finally determined on such date, nor any action or proceeding based upon any act committed prior to May 1, 1973.
Page 75 - Commission, or any service rendered by means of such facilities, without the permission and approval of the Commission first had and obtained upon application (original and 3 copies) , after due hearing, and a finding by the Commission that the available supply of natural gas is depleted to the extent that the continuance of service is unwarranted, or that the present or future public convenience or necessity permit such abandonment...
Page 59 - Written submittals will be placed in the Commission's public files and will be available for public inspection at the Commission's Office of Public Information, Washington, DC 20426, during regular business hours.