Key: (1) language to be deleted (2) new language
Laws of Minnesota 1983 RESOLUTION 3--S.F.No. 186 A resolution memorializing the President and Congress to halt the deregulation of natural gas prices under the Natural Gas Policy Act of 1978 for two years. WHEREAS, the Natural Gas Policy Act of 1978 was enacted to promote the conservation and equitable allocation of natural gas; and WHEREAS, the Natural Gas Policy Act of 1978 was enacted with the assumption that natural gas prices would increase at an annual rate approximately equal to four percent above inflation; and WHEREAS, natural gas prices have actually increased 25 to 30 percent per year; and WHEREAS, unforeseen market conditions have emerged which have created problems in the implementation of natural gas price deregulation; and WHEREAS, consumer conservation and the economic recession have resulted in decreased natural gas consumption thereby creating a surplus supply; and WHEREAS, the recession and high unemployment have placed a severe burden on consumers who are forced to pay higher prices for basic energy needs; and WHEREAS, the State of Minnesota is wholly dependent on natural gas supplies from other states and Canada; and WHEREAS, it would be of great value to examine the potential effects of continued deregulation of natural gas prices and alternative means of accomplishing the purposes of the Natural Gas Policy Act of 1978; NOW, THEREFORE, BE IT RESOLVED by the Legislature of the State of Minnesota that Congress should speedily enact legislation to halt the deregulation of natural gas prices under the Natural Gas Policy Act of 1978 for two years. BE IT FURTHER RESOLVED that the Secretary of State of the State of Minnesota is directed to transmit certified copies of this memorial to the President of the United States, the President and the Secretary of the United States Senate, the Speaker and the Chief Clerk of the United States House of Representatives and to Minnesota's Senators and Representatives in Congress. Approved April 22, 1983
Official Publication of the State of Minnesota
Revisor of Statutes