✦ LIBER ✦

FERC Raises Prices for Old Gas

✍ Scribed by Coven, Roger B.

Publisher: John Wiley and Sons
Year: 2007
Weight: 308 KB
Volume: 3
Category: Article
ISSN: 0743-5665
DOI: 10.1002/gas.3410030303

No coin nor oath required. For personal study only.

✦ Synopsis

the Federal Energy Regulatory Commission (FERC) issued Order No. 451 adopting a rule which will allow increases in the maximum lawful prices paid for old gas still subject to regulation under sections 104 and 106 of the Natural Gas Policy Act of 1978 (NGPA).

The rule adopted by FERC was based on a three-part proposal offered by the Department of Energy (DOE) in November 1985. First, DOE proposed that FERC eliminate "vintaging" in the pricing structure for old gas. Currently, there are 15 separate old gas maximum lawful prices under section 104

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