---
kind: "section"
citation: "15 U.S.C. § 3373"
title: "15"
title_heading: "Commerce and Trade"
number: "3373"
heading: "Effect of certain natural gas prices on indefinite price escalator clauses"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/15/3373"
units:
  - "Chapter 60 — Natural Gas Policy"
  - "Subchapter III — Additional Authorities and Requirements"
  - "Part B — Other Authorities and Requirements"
---

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

- (a) **High-cost natural gas—** No price paid in any [first sale](/usc/15/3301.md?p=21-A) of high-cost [natural gas](/usc/15/3301.md?p=1) (as defined in section 3317(c)[^1] of this title, as such section was in effect on January 1, 1989) may be taken into account in applying any indefinite price escalator clause (as defined in section 3315(b)(3)(B)[^1] of this title, as such section was in effect on January 1, 1989) with respect to any [first sale](/usc/15/3301.md?p=21-A) of any [natural gas](/usc/15/3301.md?p=1) other than high-cost [natural gas](/usc/15/3301.md?p=1) (as defined in section 3317(c)[^1] of this title, as such section was in effect on January 1, 1989).
- (b) **Other transactions—** No price paid—
  - (1) in any sale authorized under [section 3362(a) of this title](/usc/15/3362.md?p=a), or
  - (2) pursuant to any order issued under [section 3363(b)](/usc/15/3363.md?p=b), (c), (d), or (g) of this title,

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


## Footnotes

[^1]: See References in Text note below.

## 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.)

## Notes

### Editorial Notes

### References in Text

Sections 3315 and 3317 of this title, referred to in text, were repealed effective Jan. 1, 1993, by Pub. L. 101–60, § 2(b), July 26, 1989, 103 Stat. 158.

### Amendments

1989—Pub. L. 101–60 inserted “, as such section was in effect on January 1, 1989” in four places.

### Statutory Notes and Related Subsidiaries

### Effective Date of 1989 Amendment

Amendment by Pub. L. 101–60 effective Jan. 1, 1993, see section 3(b) of Pub. L. 101–60, set out as a note under section 3372 of this title.