FERC Proposes Rule To Obtain Natural Gas Data

Law360, New York (May 18, 2007, 12:00 AM EDT) -- On April 19, the Federal Energy Regulatory Commission (FERC) proposed two new rules implementing the “transparency provisions” of Section 23 of the Natural Gas Act (NGA), as amended by the Energy Policy Act of 2005 (EPAct 2005). (Notice of Proposed Rule-Making or NOPR).

The first would require intrastate pipelines to post daily the capacities of, and volumes flowing through, their major receipt and delivery points and mainline segments. The second would require that buyers and sellers of more than a de minimis volume of natural gas...
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