The Nation: When the Gas Stops

One Texas town found the bills so high that it quit paying them

What would happen if the price of natural gas were to be deregulated? That question sums up public concern in much of the country. But no price controls exist for millions of consumers in major gas-producing states, such as Texas, Louisiana, Oklahoma, New Mexico, .Wyoming, California and Kansas. Of the 20 trillion cu. ft. of natural gas used each year in the U.S., roughly one-third is not subject to federal controls, since it is both produced and consumed within a single...

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