GRI

Natural Gas Wellhead Decontrol Act of 1989

Law Energy & Renewables Law
Date: 26th Jul, 1989 Source: Congress.gov Country: USA Original Source

Brief

'The Natural Gas Wellhead Decontrol Act of 1989 was enacted on July 26, 1989, to eliminate wellhead price controls and non-price controls on the first sale of natural gas. The Act repealed Title I of the Natural Gas Policy Act of 1978, effective January 1, 1993, and made technical amendments to conform with other laws. This legislation aimed to deregulate the natural gas industry, allowing market forces to determine prices.'

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