Senate rejects bid to lift lid on natural gas
The Senate rejected removing federal price controls on natural gas, warning the move would hurt homeowners and industry this winter. Senators Fannin Bartlett argued for decontrol as a way to spur production, while Glenn and Hollings backed a compromise plan extending some controls to ensure winter gas allocation. The vote sets up a major floor fight over the Pearson Bentsen substitute.
MENTIONED IN THIS ARTICLE
Senate
Washington
Paul Fannin
Rariz
Dewey Bartlett
R-Okla
James Pearson
R-Kan
Lloyd Bentsen
D-Tex
Fannin
Bartlett
Senate Commerce Committee
Ernest Hollings
DS C
John Glenn
Ohio
Fannin-Bartlett
Glenn
Regulators Seek Extension to Shield Gas Supply
Industry spokesmen warn 40 million homes plus large users rely on natural gas for heating and power. The Federal Power Commission says interstate gas shipments to industry could fall 1.3 trillion cubic feet short this winter unless Congress approves a temporary extension of regulations and allocations this fall.
MENTIONED IN THIS ARTICLE
Congress
Federal Power Commission
Firm barred from selling car add-on devices in California
United Press International reports Crown Manufacturing Company Inc was ordered to stop selling or advertising any device altering a vehicle pollution control system without ARB exemption. Orange County Superior Court fined the firm $4,000 in a stipulated judgment. Attorney General Younger and the ARB said Crown marketed a bolt-on turbocharger unit without prior review. The probe into auto add-on ads continues as gas-saving devices gain sales.
MENTIONED IN THIS ARTICLE
Orange County
California
Air Resources Board
Crown Manufacturing Company, Inc
Robert A. Banyard
Alty
Evelle J. Younger
Crown
Attorney General
ARB
Younger
Plastics Firm Wins State Loan for Pollution Equipment
Sacramento officials approved a $460,000 loan from the Pollution Control Financing Authority to Keyser Century Corp of Saugus, a plastics maker tied to the family of Assemblyman Jim Keysor. The loan funds installation of anti pollution equipment as part of environmental control efforts.
MENTIONED IN THIS ARTICLE
Sacramento
OPT
State Pollution Control Financing Authority
Jim Keysor
Dsepulveda
Keyser Century Corp
Saugus
Rehearing denied on natural gas rate hike
The California Public Utilities Commission refused rehearings on a contentious natural gas deal between Southern California Gas and Atlantic Richfield. The pact, approved Aug 1, funds Arco’s $420 million loans for Alaskan gas development, granting SCG 60 percent of future gas, with ratepayers bearing about $2.50 monthly for interest via surcharges. The commission said no good cause existed for another hearing but reiterated opposition to the FPC advance payment program, noting it was approved out of necessity to secure California gas supply. The FPC will hear arguments Oct 23 in Washington to challenge the pact.
MENTIONED IN THIS ARTICLE
California Public Utilities Commission
Southern California Gas Company
Atlantic Richfield Company
PAC
Arco
Alaska
Southern California Gas
Commission
David W. Holmes
Los Angeles
Federal Power Commission
FPC
Washington
Holmes
Ing
Southern California Edison Company
Sylvia M. Siegel
California
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