H.R.1722 - Natural Gas Wellhead Decontrol Act of 1989101st Congress (1989-1990)
Summary: H.R.1722 — 101st Congress (1989-1990)
Conference report filed in House (06/22/1989)
Natural Gas Wellhead Decontrol Act of 1989 - Amends the Natural Gas Policy Act of 1978 to declare that the price guidelines for the first sale of natural gas do not apply to: (1) expired, terminated, or post-enactment contracts executed after the date of enactment of this Act; and (2) certain renegotiated contracts. Decontrols as of May 15, 1991, natural gas produced from newly spudded wells. Repeals permanently wellhead price controls beginning on January 1, 1993.