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123386 1 (1984-02-13)

handle is hein.gao/gaobactfs0001 and id is 1 raw text is: 



               UNITED STATES GENERAL ACCOUNTING OFFICE
                       Washington, D.C.  20548


                                           For Release on Delivery
                                           Expected  at  9:00  a.m.
                                           February 13, 1984


                            STATEMENT OF
              JAMES DUFFUS  III, SENIOR GROUP DIRECTOR
      RESOURCES, COMMUNITY, AND  ECONOMIC DEVELOPMENT DIVISION
                            BEFORE  THE
      SUBCOMMITTEE ON COMMERCE,  CONSUMER AND MONETARY AFFAIRS
             HOUSE COMMITTEE ON GOVERNMENT  OPERATIONS
                       IN WARREN, PENNSYLVANIA
                                ON
                        NATURAL GAS  PRICES

                                                             123386
Mr. Chairman and Members of the Subcommittee:

     We  are  pleased  to be  here  today  to discuss  natural  gas

prices.   Recent price increases have  been a matter of great  con-

cern to both  the public and the Congress, here and  throughout the

nation.

     My testimony  today is -based on completed and ongoing efforts

to analyze developments in the natural gas market  and evaluate the

effectiveness of  federal regulation of  the natural gas  industry.

Among our current efforts is a series of case  studies of why natu-

ral gas prices have increased in five cities around  the country.

     Although  Warren, Pennsylvania,  was not  included  in any  of

these  case  studies, we  obtained some  data  from a  malor  local

natural gas distributor and one of  its principal suppliers.  These

data were obtained specifically for these hearings and  included to

provide  some local  perspective.   We  would  like to  point  out,

however, that these  local data, as well as other data referred  to

in this  statement from various  public and private organ izations,


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