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Considers. S. 1853, to exempt independent producers of natural gas from regulation. S. 1248, to require that rates and charges of all natural gas companies be determined on basis of actual legitimate cost of company's property, less depreciation. S. 1880, S. 1926, and S. 2001, to extend FPC jurisdiction to direct sales of industrial producers of natural gas. S. 712, to permit holders of certificates of convenience and necessity to exercise right of eminent domain to acquire property for storage of gas.
Considers S. 666 and related S. 1946, to amend the Natural Gas Act to revise FPC natural gas price regulations.
Considers legislation to prescribe legislative standards for FPC in regulation of production, gathering, and sales of natural gas.