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15 USC § 3373 - Effect of certain natural gas prices on indefinite price escalator clauses

---
identifier: "/us/usc/t15/s3373"
source: "usc"
legal_status: "official_prima_facie"
title: "15 USC § 3373 - Effect of certain natural gas prices on indefinite price escalator clauses"
title_number: 15
title_name: "COMMERCE AND TRADE"
section_number: "3373"
section_name: "Effect of certain natural gas prices on indefinite price escalator clauses"
chapter_number: 60
chapter_name: "NATURAL GAS POLICY"
subchapter_number: "III"
subchapter_name: "ADDITIONAL AUTHORITIES AND REQUIREMENTS"
part_number: "B"
part_name: "Other Authorities and Requirements"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 95–621, title III, § 313, Nov. 9, 1978, 92 Stat. 3392; Pub. L. 101–60, § 3(b)(3), July 26, 1989, 103 Stat. 159.)"
---

# § 3373. Effect of certain natural gas prices on indefinite price escalator clauses

**1** **High-cost natural gas** [^1]January 1, 1989[^1]January 1, 1989[^1]January 1, 1989

No price paid in any first sale of high-cost natural gas (as defined in section 3317(c)  of this title, as such section was in effect on ) may be taken into account in applying any indefinite price escalator clause (as defined in section 3315(b)(3)(B)  of this title, as such section was in effect on ) with respect to any first sale of any natural gas other than high-cost natural gas (as defined in section 3317(c)  of this title, as such section was in effect on ).

See References in Text note below.

**(b)** **Other transactions** No price paid—

may be taken into account in applying any indefinite price escalator clause (as defined in section 3315(b)(3)(B) <sup>1</sup> of this title, as such section was in effect on January 1, 1989).

**(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,

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**Source Credit**: (Pub. L. 95–621, title III, § 313, Nov. 9, 1978, 92 Stat. 3392; Pub. L. 101–60, § 3(b)(3), July 26, 1989, 103 Stat. 159.)

## Editorial Notes

### References in Text

Sections 3315 and 3317 of this title, referred to in text, were repealed effective , by , , .

### Amendments

1989— inserted “, as such section was in effect on ” in four places.

## Statutory Notes and Related Subsidiaries

### Effective Date of 1989 Amendment

Amendment by  effective , see , set out as a note under .