15 USC 3373 - Effect of certain natural gas prices on indefinite price escalator clauses

U.S Code last checked for updates: Jan 31, 2025

§ 3373.

Effect of certain natural gas prices on indefinite price escalator clauses

(a)

High-cost natural gas

(b)

Other transactions

No 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).

(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.)

cite as: 15 USC 3373