Amendments To The Natural Gas Act

Considers. S. 1853, to exempt independent producers of natural gas from regulation. S. 1248, to require that rates and charges of all natural gas companies be determined on basis of actual legitimate cost of company's property, less depreciation. S. 1880, S. 1926, and S. 2001, to extend FPC jurisdiction to direct sales of industrial producers of natural gas. S. 712, to permit holders of certificates of convenience and necessity to exercise right of eminent domain to acquire property for storage of gas.