Grants the Federal Power Commission emergency authority to exempt temporarily any activities or operations relating to the sale, transportation, transfer, or exchange in interstate commerce of natural gas or of commingled natural gas and synthetic natural gas, from the provisions of the Natural Gas Act, in order to alleviate the hardships caused by the natural gas shortage. Stipulates that no such exemption shall exceed 180 days.
Directs that the Commission shall not deny the purchase price paid by an interstate natural gas pipeline company for gas exempted under this Act.
Referred to House Committee on Interstate and Foreign Commerce.
Introduced in House
Introduced in House
Referred to House Committee on Interstate and Foreign Commerce.
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