Analysis of Natural Gas Pricing Policy Alternatives. Volume II of 2 Volumes (Supply--Demand Methodology)

摘要

Several alternatives have been proposed to the Natural Gas Policy Act, 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 advantages and disadvantages of the two more attractive options--continuing the provisions 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 problem under decontrol--will have to be addressed.