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Natural Gas > Federal Energy Regulatory Commission (FERC)
The following information is about Federal Energy Regulatory Commission (FERC).
Federal Energy Regulatory Commission (FERC) Defined
An agency of the government of the United States created by an Act of Congress, the Department of Energy Organization Act, in 1977. This Act transferred to the FERC most of the former Federal Power Commission's interstate regulatory functions over the electric power and natural gas industries. The Act also transferred from the Interstate Commerce Commission the authority to set oil pipeline transportation rates and to set the value of oil pipelines for ratemaking purposes. In 1978, Congress passed the Natural Energy Act, broadening the FERC's jurisdiction and regulatory functions. The FERC now also regulates producer sales of natural gas in intrastate commerce. The FERC establishes uniform ceiling prices for each of several categories of natural gas, and these prices apply to all sales on a nationwide basis.
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FERC chairman resigns
Published January 8, 2009, 6:55 pm, Connecticut Post
WASHINGTON -- Environmentalists on both coasts celebrated the resignation Wednesday of Federal Energy Regulatory Commission Chairman Joseph Kelliher who they clashed with for more than four years
FERC chairman is quitting
Published January 8, 2009, 5:51 pm, The World
The chairman of the Federal Energy Regulatory Commission, which has siting authority of liquefied natural gas terminals, is stepping down.
(AFX UK Focus) 2009-01-09 00:26 Delaware regulators concerned about Exelon-NRG deal
Published January 8, 2009, 5:04 pm, Interactive Investor
NEW YORK, Jan 8 (Reuters) - Delaware regulators expressed concern about Exelon Corp's hostile bid for independent power producer NRG Energy Inc on Thursday, saying that Exelon has not proven that planned sales of Delaware plants are in the public interest. While the state lacks approval power over the deal, Delaware's Public Service Commission and its Department of Natural Resources made their ...
Delaware regulators concerned about Exelon-NRG deal
Published January 8, 2009, 4:35 pm, The Forex Market
NEW YORK, Jan 8 (Reuters) - Delaware regulators expressed concern about Exelon Corp's hostile bid for independent power producer NRG Energy Inc on Thursday, saying that Exelon has not proven that planned sales of Delaware plants are in the public interest.
Interstate pipeline project on schedule
Published January 8, 2009, 12:02 pm, The Paris News
Midcontinent Express natural gas pipeline is snaking its way more than 40 miles through Lamar County, with hundreds of workers digging, welding and placing the pipe.
Fyi: Business
Published January 8, 2009, 12:57 am, Tulsa World
Bank of America Corp. raised more money Wednesday to cope with U.S. economic turmoil by selling part of its stake in China Construction Bank Ltd., China's second-biggest commercial lender, for $2.8 billion.
Energy commission chairman to step down
Published January 7, 2009, 11:52 pm, Denver Post
Joseph Kelliher will step down as chairman of the Federal Energy Regulatory Commission effective Jan. 20, coinciding with the end of the Bush administration.
Business briefs: Continental flight-tests 737 with biofuel
Published January 7, 2009, 10:07 pm, Fort Worth Star-Telegram
Continental Airlines is the first U.S. commercial carrier to conduct a demonstration flight powered in part by alternative fuels. The company made the flight Wednesday with a Boeing 737-800 that left from Bush Intercontinental Airport in Houston, its large hub.
UPDATE: FERC Chairman Kelliher To Step Down Jan 20
Published January 7, 2009, 2:38 pm, Nasdaq
(Updates throughout with background, industry comment.) WASHINGTON -(Dow Jones)- The chairman of the Federal Energy Regulatory Commission, Joseph Kelliher, said Wednesday he is stepping down from his post effective Jan. 20.
Top Energy Regulator"™s Exit Is Chance for Obama to Reverse Deregulation Fiasco, Put Families Over Power Company Profits
Published January 7, 2009, 2:01 pm, Public Citizen
Today’s announcement that Joseph Kelliher, chairman of the powerful Federal Energy Regulatory Commission (FERC) and a commissioner since 2003, is stepping down provides President-elect Barack Obama with an opportunity to fix an agency with a history of promoting deregulation and power company profits at the expense of fair energy prices to American families.
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Off-site Federal Energy Regulatory Commission (FERC) Links, User Submitted
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- FERC: Federal Regulation and Oversight of Energy - Electricity, Natural Gas, LNG Terminals, Hydropower, and Petroleum: The Federal Energy Regulatory Commission, or FERC, is an independent agency that regulates the interstate transmission of natural gas, oil, and electricity. FERC also regulates natural gas and hydropower projects
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