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Natural Gas Policy Act (NGPA)

The Natural Gas Policy Act broadened federal oversight of natural gas production, attempting to ensure a stable market.


The Natural Gas Policy Act (NGPA) granted the Federal Energy Regulatory Commission (FERC) authority over intrastate and interstate natural gas production. The main goals of the Act are:

  • Creating a single national natural gas market;
  • Equalizing supply with demand; and
  • Allowing market forces to establish the wellhead price of natural gas.