By: Barbara Vergetis Lundin |
The Federal Energy Regulatory Commission is taking steps to ease the regulatory burdens on the natural gas and oil pipeline industries including that of unnecessary filings.
Last week, FERC proposed three regulatory reform actions and issued a staff report identifying next steps. The three proposals included:
- Eliminating 145 annual filings made by Natural Gas Act pipelines as a result of a change in the annual charge assessment unit surcharge.
- Streamlining the processing of rate and other filings by intrastate pipelines performing interstate service under section 311 of the Natural Gas Policy Act and Hinshaw pipelines.
- Eliminating oil pipelines unnecessary filings, updating requirements for service and updating requirements for posting tariff information.