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HomeMy WebLinkAbout840939.tiff COO cQVI(�QIN (�okp Ci� okofion a0s sea-506E 2300 SECURITY LIFE BUILDING�NO'IN Oft COSPO1 DENVER COLORADO 80202 October 29 , 1984 i County Commissioner Weld County Greeley, Colorado RE: Proposed Deregulation by Federal Energy Regulatory Commission NGPA 107 (c) (5) "tight" gas and 108 stripper gas Gentlemen: It has been brought to light that the Federal Energy Regulatory Commission (FERC) has read into the Congressional Record a plan to "deregulate" the above captioned catagories of gas. I wish to offer to you a discussion of the plan itself, a synopsis of the effect of such a plan and thirdly to suggest a plan of action for you as commissioner of my county. The NGPA act of 1978 made provisions for the deregulation of certain catagories of natural gas but specifically excluded 107 (c) (5) "tight" gas, and 108 "stripper" gas. Now comes an administrative agency (FERC) with plans to abrogate the 1978 legislation as passed by congress and signed by President Carter. The effect of this plan, if implemented, will be to lower by at least 50% the value of the gas produced in our county. The further effect will be to sharply reduce Ad Valorem Tax Collections. Without debating the merits of preserving the integrety of legislated regulation or the value of preserving stripper gas production I strongly urge you to contact the Federal Energy Regulatory Commission, Washington D.C. and our elected congressional representatives here in Colorado asking them to turn away from this proposal which was obviously drafted by Panhandle Eastern Pipeline Co. Sincerely, SANDLIN OIL CORPORATION Gary Sanalin GS/ko 40''.3 7012 / . Hello