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Wednesday, August 5, 2020 | History

3 edition of Problems identified in FERC"s incentive pricing program for natural gas from tight formations found in the catalog.

Problems identified in FERC"s incentive pricing program for natural gas from tight formations

United States. General Accounting Office

Problems identified in FERC"s incentive pricing program for natural gas from tight formations

report

by United States. General Accounting Office

  • 224 Want to read
  • 8 Currently reading

Published by The Office in Washington, D.C .
Written in English

    Subjects:
  • United States. -- Federal Energy Regulatory Commission.,
  • Gas -- Law and legislation -- United States.,
  • Natural gas -- Law and legislation -- United States.

  • Edition Notes

    Statementby the U.S. General Accounting Office.
    The Physical Object
    Pagination[1], vii, 62 p. ;
    Number of Pages62
    ID Numbers
    Open LibraryOL14516959M

    In regard to the ACA NOPR, the Commission traditionally sets the ACA unit charge for the natural gas program in July of every year. Currently, pipelines that wish to recover that charge through an ACA clause file revised tariff sheets reflecting the ACA charge by September 1 of each year (“ACA Filing”). A lot of natural gas means affordable natural gas. And America has a lot of natural gas which means long-term stable and affordable prices. To put the amount of natural gas the U.S. has in perspective think about this: In across every home, business and power plant that used natural gas the United States consumed trillion cubic feet.

      On Thursday, J , the Federal Energy Regulatory Commission (“FERC” or the “Commission”) held a technical conference on the liquidity and transparency of natural gas price indices. The conference consisted of three discussion panels with panelists from various price reporting agencies (“PRAs”), trade associations, academia. Section 3 of the Natural Gas Act (NGA) (15 U.S.C. § b) requires federal approval of natural gas exports. For crude oil exports, the Energy Policy and Conservation Act of

    Natural gas, unlike electricity, can also be readily stored to assist to even out demand and supply variations on a daily, weekly and seasonal basis. This in turn enables more reliable and stable pricing arrangements. In recent years with a large increase in the discovery, production and shipment of natural gas across the world, it has become a. The majority of AmerenUE natural gas customers would pay a lower price for gas this winter than they did last winter, some would pay nearly the same, and less than four percent would pay slightly more, under a new Purchased Gas Adjustment (PGA) the company has filed with the Missouri Public Service Commission (MPSC).


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Problems identified in FERC"s incentive pricing program for natural gas from tight formations by United States. General Accounting Office Download PDF EPUB FB2

Problems Identified In FERC’s Incentive Pricing Program For Natural Gas From Tight Formations Under the Natural Gas Policy Act ofthe Federal Energy Regulatory Commission established a program to provide an incentive price to producers of natural gas from tight geologic formations.

Get this from a library. Problems identified in FERC's incentive pricing program for natural gas from tight formations: report. [United States. General Accounting Office.].

Problems identified in FERC's incentive pricing program for natural gas from tight formations. Washington, D.C.: The Office, [] (OCoLC) Material Type: Document, Government publication, National government publication, Internet resource: Document Type: Internet Resource, Computer File: All Authors / Contributors: United States.

Energy Price Formation On J FERC implemented Price Formation Fixes for Organized Markets when we issued the following orders: Order No. Order No. Order No. Information on Market Rules and Operational Practices. Regulation of the transportation of natural gas as authorized by the NGPA (Natural Gas Policy Act) and the OCSLA (Outer Continental Shelf Lands Act).

Oversight of the construction and operation of pipeline facilities at U.S. points of entry for the import or export of natural gas. Increases in natural gas prices in the first five years of the contract were limited to 5 percent per annum or the equivalent of the percentage increase in international petroleum prices, whichever was lower.

After this initial five-year period, annual increases in natural gas prices were simply limited to the increase in the price of Size: 1MB. Energy Overview: Evaluating Propane and Natural Gas Trends 4 InOhio consumedMmcf, which was seventh in the U.S.

in natural gas consumption. The residential sector was the state's largest natural gas consumer in consumingMmcf. U.S. Natural Gas Imports and Exports: This special report looks at recent trends in U.S. international natural gas trade.

Natural gas import and export data, including liquefied natural gas (LNG) data, are provided through the year in the appendix (Tables SR1-SR9). A note on utilized data sources is provided at the end of this report. U.S. Energy Information Administration | Requirements for a Redesigned Natural Gas Transmission and Distribution Module some of the focus during the NGTDM design process.

The concept of a spot market for natural gas was at the most early stages. The initial NGTDM formulation involved a linear program that maximized consumer plus producer.

Oil and Gas Handbook Manual Transmittal. Decem Purpose (1) This transmits revised IRMOil and Gas Industry, Oil and Gas Handbook.

Material Changes (1) Updated Oil and Gas Industry Overview, IRM including a description of the oil and gas well drilling industry and international issues.

A Framework for Analysis of an Integrated Gas and Power Transmission Pricing Policy. In order to frame the issues associated with an integrated policy toward pricing of natural gas and electric power transmission, I consider the location choice decision faced by the developer of a new, gas-fired generation by: 1.

LNG exports from the U.S. to the world deserve policy support, as they help us and help a mostly poor world get more access to modern, clean : Jude Clemente. NATURAL GAS PRICE EFFECTS OF ENERGY EFFICIENCY AND RENEWABLE ENERGY PRACTICES AND POLICIES R.

Neal Elliott, Ph.D., P.E., Anna Monis Shipley, Steven Nadel, and Elizabeth Brown December Report Number E ©American Council for an.

The Market Under Regulation The current regulatory environment in which the natural gas industry operates is much less stringent and relies more heavily upon competitive forces than in the past. The last twenty years have seen dramatic changes throughout the industry, spurred by its ever-changing regulatory environment.

Consumption of natural gas in the United States during January was Bcf/d, and the all-time peak-day consumption was Bcf/d during the Polar Vortex. edly provided the impetus to include gas from tight formations, Devonian shales, coal seams, and geopressurized brines in the high cost cate-gory (sec.

) of the Natural Gas Policy Act (NGPA). The higher allowable prices for this category were intended to. Coal generation, as a percentage of total power output in the U.S., declined steadily to 39% at the end of from about 51% inwhile generation from natural gas–fired combined cycle.

Responsible Regulation: Incentive Rates for Natural Gas Pipelines Alexander J. Black Follow this and additional works at: Part of the Law Commons Recommended Citation Alexander J.

Black, Responsible Regulation: Incentive Rates for Natural Gas Pipelines, 28. International sales of natural gas and crude oil As described on the Department of Energy website, the Natural Gas Act requires that any person wishing Author: Kirstin E.

Gibbs. Inhowever, this all changed with the Supreme Court’s decision in Phillips Petroleum Co. Wisconsin ( U.S. ()).

In this decision, the Supreme Court ruled that natural gas producers that sold natural gas into interstate pipelines fell under the classification of ‘natural gas companies’ in the NGA, and were subject to regulatory oversight by the FPC.

For the second quarter ofDTE reported Wednesday earnings of $ million, up 32 percent from the same quarter inas the Detroit-based company looks to Author: Breana Noble.Id.

at P ISO-NE, PJM, and NYISO all reported data suggesting that de-rates in and were attributable to fuel-related issues. Id. at pp. It was not clear from the data that the de-rates were a direct result of generators running out of natural gas transportation service, and the Commission noted that a majority of the fuel-related de-rates in PJM were a result of a limited.NGL PIPELINE TRANSPORTATION SERVICE.

Michelle T. Boudreaux and Amy L. Hoff. As the production of natural gas liquids (“NGLs”) has increased during the last five years – rising almost 40 percent from to – existing pipeline transportation infrastructure has proven inadequate to handle these increased volumes of NGLs.