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The Federal Energy Regulatory Commission (FERC) is an independent agency of the United States government that regulates the interstate transmission and wholesale sale of electricity and natural gas and regulates the prices of interstate transport of petroleum by pipeline.
The US natural gas pipeline system is a complex system of pipelines that carries natural gas nationwide and for import and export for use by millions of people daily for their consumer and commercial needs. Across the country, there are more than 210 pipeline systems that total more than 305,000 miles of interstate and intrastate pipelines.
The parts of the plan that affect natural gas include that FERC: [8] Regulates the transmission and sale of natural gas for resale in interstate commerce. Approves the siting of and abandonment of interstate natural gas facilities, including pipelines, storage and liquefied natural gas.
A map of pipelines in the United States as of September, 2015. Red is hazardous liquid pipelines, including crude oil. As of 2022, the Office of Pipeline Safety regulated an expansive network of about 3.4 million miles of natural gas pipeline system in the United States and its hazardous liquid pipelines.
The 75.1-mile pipeline would be an extension of the 303-mile Mountain Valley Pipeline that will carry natural gas from West Virginia south. The Southgate extension would run into Rockingham and ...
United States: Federal Energy Regulatory Commission (FERC) has jurisdiction over interstate electricity sales, wholesale electric rates, hydroelectric licensing, natural gas and oil pipeline transportation rates, while the Nuclear Regulatory Commission (NRC) regulates nuclear energy.
For the second winter in a row, natural gas prices in the New England area have seen significant increases. Extremely cold weather coupled with supply constraints have created huge price fluctuations.
In 2018, US exports of coal, natural gas, crude oil and petroleum products exceeded imports, achieving a degree of energy independence for the first time in decades. [7] [8] [9] In the second half of 2019, the US was the world's top producer of oil and gas. [10] This energy surplus ended in 2020. [11] [12]