PIPES Act Presents Changes For Energy Providers

Law360, New York (June 13, 2007, 12:00 AM EDT) -- The Pipeline Inspection, Protection, Enforcement and Safety Act of 2006, commonly referred to as the "PIPES Act," reauthorizes federal pipeline safety at the U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration through 2010.

PHMSA is the federal agency responsible for overseeing the safety of approximately 2.3 million miles of interstate liquid and gas pipelines. Natural gas and liquid products transported through regulated lines account for approximately two-thirds of the total energy products consumed in the United States.

Among the changes or pending issues are:...
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