No price paid in any first sale of high-cost natural gas (as defined in section
3317(c)[1] of this title, as such section was in effect on January 1, 1989) may be taken into account in applying any indefinite price escalator clause (as defined in section
3315(b)(3)(B)[1] of this title, as such section was in effect on January 1, 1989) with respect to any first sale of any natural gas other than high-cost natural gas (as defined in section
3317(c)[1] of this title, as such section was in effect on January 1, 1989).
(b) Other transactions
No price paid—
(1)in any sale authorized under section
3362(a) of this title, or
(2)pursuant to any order issued under section
3363(b), (c), (d), or (g) of this title,
may be taken into account in applying any indefinite price escalator clause (as defined in section
3315(b)(3)(B)[1] of this title, as such section was in effect on January 1, 1989).
No price paid in any first sale of high-cost natural gas (as defined in section
3317(c)[1] of this title, as such section was in effect on January 1, 1989) may be taken into account in applying any indefinite price escalator clause (as defined in section
3315(b)(3)(B)[1] of this title, as such section was in effect on January 1, 1989) with respect to any first sale of any natural gas other than high-cost natural gas (as defined in section
3317(c)[1] of this title, as such section was in effect on January 1, 1989).
(b) Other transactions
No price paid—
(1)in any sale authorized under section
3362(a) of this title, or
(2)pursuant to any order issued under section
3363(b), (c), (d), or (g) of this title,
may be taken into account in applying any indefinite price escalator clause (as defined in section
3315(b)(3)(B)[1] of this title, as such section was in effect on January 1, 1989).
Sections
3315 and
3317 of this title, referred to in text, were repealed effective Jan. 1, 1993, by Pub. L. 101–60, § 2(b),July 26, 1989, 103 Stat. 158.
Amendments
1989—Pub. L. 101–60inserted “, as such section was in effect on January 1, 1989” in four places.
Effective Date of 1989 Amendment
Amendment by Pub. L. 101–60effective Jan. 1, 1993, see section 3(b) ofPub. L. 101–60, set out as a note under section
3372 of this title.
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15 USC
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Statutes at Large
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