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RCED-85-48 1 (1985-01-11)

handle is hein.gao/gaobabexj0001 and id is 1 raw text is: 
BY THE


US GENERAL ACCOUNTING OFFICE


Report To The Honorable Carl Levin

United States Senate And

The Honorable John Conyers, Jr.

House Of Representatives


Natural Gas Price Increases In Detroit


Natural gas prices increased an average 38
percent in the Detroit, Michigan, area
between January 1981 and January 1983.
GAO found that about two-thirds of the
price increase was due to (1) the depletion of
old and less expensive gas reserves and the
addition of new and higher cost reserves
and (2) price increases permitted by federal
regulation. Another major reason for the
price increase was a decline in gas con-
sumption which made purchasing patterns
and company operations less cost-efficient.
The remaining increase stemmed from
operating costs.


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126185


GAO/RCED-85-48
JANUARY 11. 1985


RELEASED
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