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LegalText 15 U.S.C. § 3373 Effect of certain natural gas prices on indefinite price escalator clauses us united_states_code code_section 15 COMMERCE AND TRADE 60 NATURAL GAS POLICY 3373 15 U.S.C. § 3373 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip /us/usc/t15/s3373 data/legal/raw/us/code/title-15/usc15.xml 566d1d38bc8140fd2d86c97254f517a78735dc8db1192865611c6c6874dffa77 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 3e2e5be9a7db08b898740f2eab58bc08faf4d48948629317855dc56eb0ea9fb7 2026-07-04 official
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15 U.S.C. § 3373 - Effect of certain natural gas prices on indefinite price escalator clauses

Text

(a) High-cost natural gas No price paid in any first sale of high-cost natural gas (as defined in section 3317(c) 11 See References in Text note below. of this title, as such section was in effect on January 1, 1989) 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) with respect to any first sale of any natural gas other than high-cost natural gas (as defined in section 3317(c) 1 of this title, as such section was in effect on January 1, 1989).

(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. 95621, title III, § 313, Nov. 9, 1978, 92 Stat. 3392; Pub. L. 10160, § 3(b)(3), July 26, 1989, 103 Stat. 159.)

Notes

Editorial Notes

References in TextSections 3315 and 3317 of this title, referred to in text, were repealed effective Jan. 1, 1993, by Pub. L. 10160, § 2(b), July 26, 1989, 103 Stat. 158.

Amendments1989—Pub. L. 10160 inserted “, as such section was in effect on January 1, 1989” in four places.

Statutory Notes and Related Subsidiaries

Effective Date of 1989 AmendmentAmendment by Pub. L. 10160 effective Jan. 1, 1993, see section 3(b) of Pub. L. 10160, set out as a note under section 3372 of this title.