| Show d Q Q Should natural gas price controls be extended to the currently unregulated intrastate intrastate intra intra- state market 00 J 0 I If G q ifF if- if f F PRICE h CONT CONTA f tJ A A. This would only serveto serve serveto serveto to reduce the amount of or gas gasa a available to the intrastate market where traditionally higher prices have resulted in larger exploration efforts Prices in this unregulated sector sector sec sec sec- tor of or the natural gas market have enabled producers there thereto thereto to explore for and produce gas that would be noncommercial noncommercial noncommercial non non- commercial in the regulated interstate sector Since the advent of interstate regulation regula regula- tion lion iri id 1954 there has been a marked increase in the amount of or gas dedicated to intrastate sales By 1970 69 percent of or new gas supplies was sold in the unregulated sector Between 1970 and 1973 well over three-fourths three of or all new gas was sold in the intrastate market The imposition imposition imposition im im- position of or controls on the intrastate market would reduce reduce re reo duce incentive for continued exploration without assuring more supplies for tar the inter Inter- interstate state market How flow can we as assure assure as' as assure sure more supplies for far the interstate market One step tep Isto Isto is isto to deregulate natural gas prices The most man common surname in China is Chang which accounts for about 10 percent percent per per- percent cent of the entire population of China This would mean there are about 75 15 million Chang in the world I |
