Natural Gas Policy Act of 1978

E386060

The Natural Gas Policy Act of 1978 is a U.S. federal law that restructured the natural gas market by gradually deregulating wellhead prices and integrating interstate and intrastate gas markets in response to 1970s energy shortages.

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Label Occurrences
Natural Gas Policy Act of 1978 canonical 3

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Statements (48)

Predicate Object
instanceOf United States federal statute
energy law
natural gas regulation law
abbreviation NGPA
administeredBy Federal Energy Regulatory Commission
amends Natural Gas Act
surface form: Natural Gas Act of 1938
codifiedIn Title 15 of the United States Code
contains provisions on curtailment priorities
provisions on emergency natural gas purchases
provisions on incremental pricing
provisions on pipeline transportation of natural gas
country United States of America
surface form: United States
dateEnacted 1978-11-09
effect gradual deregulation of wellhead natural gas prices
increased incentives for natural gas exploration and production
integration of interstate and intrastate gas markets
reduction of regional natural gas shortages
enactedBy United States Congress
introducedPriceCategoriesFor deep gas
high-cost natural gas
new natural gas
old natural gas
tight sands gas
jurisdiction United States government
surface form: United States federal government
longTermEffect foundation for later natural gas deregulation in the 1980s and 1990s
transition toward market-based natural gas pricing
motivatedBy 1970s energy crisis
natural gas shortages in the 1970s
partOf National Energy Act of 1978
policyArea energy policy
natural gas pricing
utility regulation
presidentAtEnactment Jimmy Carter
publicLawNumber Public Law 95-621
purpose to gradually deregulate wellhead prices of natural gas
to integrate interstate and intrastate natural gas markets
to restructure the U.S. natural gas market
regulates interstate natural gas sales
intrastate natural gas sales
natural gas wellhead pricing
relatedTo National Energy Act of 1978
surface form: Energy Tax Act of 1978

National Energy Conservation Policy Act
Powerplant and Industrial Fuel Use Act of 1978
Public Utility Regulatory Policies Act of 1978
sector natural gas industry
signedBy Jimmy Carter
title Natural Gas Policy Act of 1978 self-link
yearEnacted 1978

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Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Natural Gas Act relatedTo Natural Gas Policy Act of 1978
National Energy Act of 1978 isPackageOf Natural Gas Policy Act of 1978
Natural Gas Policy Act of 1978 title Natural Gas Policy Act of 1978 self-link