President Reagan used a forum provided by the 17th World Gas Conference to make his first speech since returning from the Moscow summit meeting.
Most of the president's address was devoted to the superpower summit talks. But in remarks pertinent to the natural gas industry he called on Congress to move forward on proposals toprovide more efficient pipeline transportation and to continue progress made on decontrolling well-head prices.The president also said the proposed U.S.-Canadian trade expansion agreement will provide greater access to Canadian gas and help reduce U.S. reliance on imported oil.
You might remember that when our administration took office, the federal government seemed more intent on hampering the natural gas industry than
helping it, Mr. Reagan said.
Since then, we've presided over the . . . 1985 expiration of new gas well- head price controls, and over the enactment of legislation to remove utilities' gas usage restrictions under the Fuel Use Act.
The president said natural gas is poised to play a major role in containing the rise of imported oil from insecure sources, while keeping America energy-secure.
He noted that among a whole universe of new applications there will soon be test usage of a natural gas-powered bus in New York City.