2018 US Code
Title 15 - Commerce and Trade
Chapter 60 - Natural Gas Policy
Subchapter III - Additional Authorities and Requirements
Part B - Other Authorities and Requirements
Sec. 3373 - Effect of certain natural gas prices on indefinite price escalator clauses
| 15 U.S.C. § 3373 (2018) |
| §3373. Effect of certain natural gas prices on indefinite price escalator clauses |
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(a) High-cost natural gas
No price paid in any first sale of high-cost natural gas (as defined in section 3317(c) 1 of this title, as such section was in effect on January 1, 1989) may be taken into account in applying any indefinite price escalator clause (as defined in section 3315(b)(3)(B) 1 of this title, as such section was in effect on January 1, 1989) with respect to any first sale of any natural gas other than high-cost natural gas (as defined in section 3317(c) 1 of this title, as such section was in effect on January 1, 1989). (b) Other transactionsNo price paid— (1) in any sale authorized under section 3362(a) of this title, or (2) pursuant to any order issued under section 3363(b), (c), (d), or (g) of this title, may be taken into account in applying any indefinite price escalator clause (as defined in section 3315(b)(3)(B) 1 of this title, as such section was in effect on January 1, 1989). |
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(Pub. L. 95–621, title III, §313, Nov. 9, 1978, 92 Stat. 3392; Pub. L. 101–60, §3(b)(3), July 26, 1989, 103 Stat. 159.) |
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REFERENCES IN TEXT
Sections 3315 and 3317 of this title, referred to in text, were repealed effective Jan. 1, 1993, by Pub. L. 101–60, §2(b), July 26, 1989, 103 Stat. 158. AMENDMENTS1989—Pub. L. 101–60 inserted ", as such section was in effect on January 1, 1989" in four places. EFFECTIVE DATE OF 1989 AMENDMENTAmendment by Pub. L. 101–60 effective Jan. 1, 1993, see section 3(b) of Pub. L. 101–60, set out as a note under section 3372 of this title. |
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1 See References in Text note below. |
| United States Code, 2018 Edition, Title 15 - COMMERCE AND TRADE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 15 - COMMERCE AND TRADE CHAPTER 60 - NATURAL GAS POLICY SUBCHAPTER III - ADDITIONAL AUTHORITIES AND REQUIREMENTS Part B - Other Authorities and Requirements Sec. 3373 - Effect of certain natural gas prices on indefinite price escalator clauses |
| section 3373 |
| 2018 |
| January 14, 2019 |
| No |
| standard |
| 92 Stat. 3392 103 Stat. 159, 158 |
| Public Law 95-621, Public Law 101-60 |
