Natural Gas Act Amendments - Amends the Natural Gas Act to prohibit the Federal Power Commission from regulating sales or deliveries of natural gas by producers of new natural gas. Prohibits the Commission from regulating rates or charges made by natural gas companies dealing with affiliates to the extent that such prices do not exceed current prices paid for comparable gas to nonaffiliates.
Prohibits the Commission from utilizing prices charged for new natural gas as a basis for determining whether or not to grant certificates of public convenience or necessity to natural gas transportation companies.
Introduced in House
Introduced in House
Referred to House Committee on Interstate and Foreign Commerce.
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