Natural Gas Price Relief and Market Correction Act
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Natural Gas Price Relief and Market Correction Act - Amends the Natural Gas Policy Act of 1978 to set the maximum lawful price on any first sale of natural gas from December 13, 1982, through January 1, 1985, at the maximum lawful price applicable to such sale on October 1, 1982. Provides that the maximum lawful price from December 13, 1982, through January 1, 1985, for any first sale of natural gas from a well the surface drilling of which began prior to December 13, 1982, and for which there was no maximum lawful price on October 1, 1982 (because of the elimination of price controls) shall be the contract price specified for deliveries of such natural gas on October 1, 1982. Declares that any contract for the first sale of natural gas shall be deemed to include a volume adjustment option with respect to any natural gas the first sale delivery of which could occur pursuant to such contract at any time after the effective date of this Act. Defines "volume adjustment option" as a contract provision under which the purchaser may elect to refuse to take delivery under such contract of any volume of natural gas without incurring an obligation to pay any fee or charge with respect to the natural gas not delivered pursuant to such election. Defines "abuse" under the Natural Gas Policy Act of 1978 to include, but not be limited to, the purchase by any natural gas pipeline company of any natural gas delivered on or after the effective date of this Act at an excessive price, unless the purchase of such gas is necessary to prevent waste. Considers the price of natural gas delivered to any natural gas pipeline company on any day excessive if that price exceeds the price of any other natural gas not delivered to such pipeline company on that day but which could have been acquired by such pipeline company for delivery on that day under any contract to which the pipeline is a party. Requires every natural gas pipeline company to file every three months with the Federal Energy Regulatory Commission: (1) a statement concerning the volume adjustment clause, as well as steps it has taken to avoid the acquisition of natural gas at an excessive price; and (2) a modification of the costs to be recovered by the pipeline under a purchased gas adjustment clause by reason of steps taken by such pipeline to comply with this Act.
Written by analysts at the Congressional Research Service and published on Congress.gov, not by Civibrief. Summarized at the "Introduced in House" stage on December 13, 1982. It describes the bill, it is not the legal text.
Where is it in the process, and what happens next?
4 steps remain before this bill could become law.
The record's latest action, on December 21, 1982: Referred to Subcommittee on Fossil and Synthetic Fuels.
- Clearing the committees it was referred to, and being scheduled for a floor vote
- Passage by the House
- Passage by the Senate
- The President's signature. If the President vetoes it, two-thirds of both chambers must vote to override.
How likely is it to become law?
Civibrief does not forecast outcomes and this page has no opinion about this one. What the record supports is a base rate, which is a fact about the whole pile, not a prediction about this measure.
In the 97th Congress (1981-82), 473 of the 11,489 bills and joint resolutions introduced became law, about 4.1 percent. That count covers every measure at every stage, including the many that never left committee.
This one is not there yet: 4 steps are still outstanding, listed above.
Has anyone actually voted on it?
No. No roll call in this Congress cites this measure. That is the ordinary outcome: most measures never reach a recorded floor vote, and a committee ends most of them simply by not acting.
A vote is not the only thing that happens to a measure. Hearings, markups, and referrals are all recorded actions, and none of them is a vote of the full chamber.
Who is behind it?
E. COLEMAN (R-MO) introduced it on December 13, 1982. No cosponsors are recorded.
Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.
How long has it been in play?
It was introduced on December 13, 1982, 15977 days ago. The most recent recorded action was 15969 days ago, on December 21, 1982.
Measures do not carry over. Anything the 97th Congress has not finished by January 3, 1983 dies when the term ends, and has to be introduced again from the start in the next Congress.
Every answer above is assembled from this measure's own record on Congress.gov and from published counts of what Congress has passed before. Civibrief does not predict outcomes and takes no position on any measure.
Vote history
- HouseIn committee, no floor vote yet
- SenateAwaits House passage
- PresidentAwaits both chambers