GAS: A Surplus Of Suspicion

Along with all its energy shortages, the U.S. has one surplus—an abundance of public suspicion that natural-gas producers are holding down production to force prices up. In response to this feeling, several Government investigations were called last week to determine to what extent, if any, producers are deliberately withholding gas from the market. Interior Secretary Cecil Andrus sent a six-man team of investigators to Metairie, La., to examine the records of four offshore fields in the Gulf of Mexico that have reported sharp production declines. Says Andrus: "If it appears that gas...

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