Opinion for the Court filed by Circuit Judge HARRY T. EDWARDS.
HARRY T. EDWARDS, Circuit Judge:
Section 104 of the Natural Gas Policy Act of 1978 ("NGPA") provides that the maximum lawful price for the first sale of natural gas committed to interstate commerce on November 8, 1978 shall be "the just and reasonable rate ... established by the Commission which was (or would have been) applicable to ... such natural gas on April 20, 1977."
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