Responsibilities of jurisdictional agencies under deregulation
Journal Article
·
· Interstate Oil Compact Comm. Com. Bull.; (United States)
OSTI ID:6494575
The impact of deregulation on jurisdictional agencies is a misnomer because there really is very little impact of deregulation on the jurisdictional agencies. There will be a significant impact on the producing industry. Most producers five years ago were anxiously awaiting January 1, 1985. In preparation for 1985 the FERC issued a rule to implement and phase in this first stage of deregulation. In summary, what the rule does is, that it states that jurisdictional agency determinations are still necessary to Section 102 and 103 gas which is deregulated. The rule has changed so that, with regard to interim collections whereas producers could collect the MLP (maximum lawful price) specified regulations, pending the final action on these determinations, that rule has been changed now so that on filing an application, the producer may charge whatever price the purchaser is willing to pay. The most controversial part of rule is the one which says that gas which qualifies for both a regulated and a deregulated category must be deregulated. The rule clarifies the particular provision of the statute dealing with intrastate contracts - what contracts are eligible for deregulation.
- Research Organization:
- Federal Energy Regulatory Commission, Washington, DC
- OSTI ID:
- 6494575
- Journal Information:
- Interstate Oil Compact Comm. Com. Bull.; (United States), Journal Name: Interstate Oil Compact Comm. Com. Bull.; (United States) Vol. 26:2; ISSN IOCBA
- Country of Publication:
- United States
- Language:
- English
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