Decontrol Prepares for Lift-Off

The Reaganauts take up the issue of natural gas prices

When it comes to riling Congress, few methods are more effective than calling for deregulation of the price of natural gas, the fuel that 55 million American families use to heat their homes or cook their meals. President Jimmy Carter learned that four years ago, when he pledged to work toward the phasing out of natural gas pricing regulations in his 1977 energy address to Congress. For 18 months, Congress squabbled over the gas question and held up passage of the entire energy legislation package. Now Ronald Reagan is preparing to take...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!