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FERC Order 490 was a final rule by the Federal Energy Regulatory Commission to amend its regulations concerning the abandonment of certain sales and purchases of natural gas under Section 7(b) the Natural Gas Act (NGA) where the underlying contract has expired. It was enacted on April 12, 1988. [1]
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.
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The Natural Gas Policy Act of 1978 (NGPA) is federal legislation that had been enacted as a response to US natural gas shortages of 1976–77. It was enacted for the following motivations: To create a balance between natural gas supply and demand, Create a national gas market, and; Transition to market-based prices. The NGPA:
Nuclear Waste Policy Act: First comprehensive nuclear waste legislation. 1989 Natural Gas Wellhead Decontrol Act of 1989: Amends the Natural Gas Policy Act of 1978 to declare that the price guidelines for the first sale of natural gas. 1992 Energy Policy Act: Required alternative fuel vehicle use in some private/government fleets. 2005 Energy ...
The Natural Gas Act of 1938 had an enormous impact on the future of not only the interstate natural gas market, but the U.S. energy policy and regulation. The natural gas industry has undergone tremendous change since 1938, and pipeline companies no longer function as resellers of gas to local distribution companies (LDCs), the ideas behind the ...
It only comes every four years, so why not use leap day to fill up your car with some cheaper gas — and United Dairy Farmers is offering a discount. Leap for joy: 29-cent discount on gallons of ...
See related energy policy contained in 42 USC Chapter 134 – Energy Policy. In October 2018, the National Association of Regulatory Utility Commissioners (NARUC) made suggestions in a report that FERC should modernize PURPA for the energy sector. NARUC's paper "proposes that FERC exempt from PURPA’s mandatory purchase obligation those ...