Regulators voted to decontrol natural gas prices.
- Share via
The plan, proposed by Energy Secretary John S. Herrington, would set the price ceiling for natural gas above market value, rendering it almost meaningless. About 40% of natural gas, which supplies nearly a quarter of the nation’s energy, is subject to “just and reasonable” price ceilings set by the Federal Energy Regulatory Commission and its predecessors since 1938.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
