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RCED-83-13 1 (1983-02-03)

handle is hein.gao/gaobabdwk0001 and id is 1 raw text is: 

                                                        1205-7*

BY THE COMPTROLLER GENERAL

Report To The Subcommittee On Environment,

Energy And Natural Resources, House

Committee On Government Operations

OF THE UNITED STATES


An Analysis Of Natural Gas

Pricing Policy Alternatives


Volume I Of 2 Volumes

(Analysis And Conclusions)


Several alternatives have been proposed to
the Natural Gas PolicyAct, which established
a schedule for decontrol of natural gas
prices. GAO examined four proposals to see
how they compared in their effects on gas
prices and supplies.

This report summarizes the results of
GAO's analysis and discusses the advan-
tages and disadvantages of the two more
attractive options- -continuing the provi-
sions of the present law and total decontrol
of natural gas wellhead prices in 1983.

GAO points out that should the decision be
made to decontrol natural gas prices in
1983, the issue of what to do with existing
contracts--which is the most serious prob-
lem under decontrol--will have to be
addressed.



    ,rED S


                                                        120573


            4                                          GAO/RCED-83-13
    /CCOU,. $ .                                         FEBRUARY 3, 1983

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