Off Peak

Deck: 
Didn't Congress fix this problem a decade ago?
Fortnightly Magazine - July 15 2000
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Off Peak

July 15, 2000

Gas Price Pains

By Regina R. Johnson

Didn't Congress fix this problem a decade ago?

Then:

"There are those who say this legislation will result in higher prices to consumers. These are the same people who said there would be a fly-up in gas prices on Jan. 1, 1985, when natural gas was partially decontrolled. In fact, since that time gas prices have actually declined as market forces have begun to play an increasingly important role. If anyone has any concerns about whether or not this legislation will increase our domestic energy supplies, they need only look at what happened when Congress decontrolled deep gas in the late '70s and early '80s....

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