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Federal Response to Rising Natural Gas Prices

Author : United States. Congress. House. Committee on Government Operations. Commerce, Consumer, and Monetary Affairs Subcommittee
Publisher :
Page : 524 pages
File Size : 41,35 MB
Release : 1983
Category : Aged
ISBN :

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Federal Response to Rising Natural Gas Prices in Northwestern Pennsylvania

Author : United States. Congress. House. Committee on Government Operations. Commerce, Consumer, and Monetary Affairs Subcommittee
Publisher :
Page : 420 pages
File Size : 10,49 MB
Release : 1984
Category : Legislative oversight
ISBN :

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Federal Response to Rising Natural Gas Prices

Author : United States. Congress. House. Committee on Government Operations. Commerce, Consumer, and Monetary Affairs Subcommittee
Publisher :
Page : 0 pages
File Size : 25,43 MB
Release : 1983
Category : Natural gas
ISBN :

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Federal Response to Rising Natural Gas Prices in Northwestern Pennsylvania

Author : United States. Congress. House. Committee on Government Operations. Commerce, Consumer, and Monetary Affairs Subcommittee
Publisher :
Page : 0 pages
File Size : 37,65 MB
Release : 1984
Category : Legislative oversight
ISBN :

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Federal Response to Rising Natural Gas Prices

Author : United States. Congress. House. Committee on Government Operations. Commerce, Consumer, and Monetary Affairs Subcommittee
Publisher :
Page : 518 pages
File Size : 33,63 MB
Release : 1983
Category : Aged
ISBN :

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Public Impact of Natural Gas Price Deregulation

Author : United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly
Publisher :
Page : 96 pages
File Size : 32,84 MB
Release : 1977
Category : Digital images
ISBN :

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Natural Gas

Author : United States Government Accountability Office
Publisher : Createspace Independent Publishing Platform
Page : 34 pages
File Size : 34,4 MB
Release : 2017-09-13
Category :
ISBN : 9781976363559

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Following Hurricanes Katrina and Rita, natural gas prices spiked to more than $15 per thousand cubic feet, nearly seven times higher than in the late 1990s. As a result, policymakers have increasingly focused on better understanding how prices are overseen. The prices that consumers pay for natural gas are composed of (1) the commodity price, (2) the cost of interstate transportation, and (3) local distribution charges. Oversight of these components belongs to the federal government, through the Federal Energy Regulatory Commission (FERC), and the states. In 1993, federal price controls over commodity prices were removed, but FERC is still charged with ensuring that prices are fair. Recently, the Energy Policy Act of 2005 (EPAct 2005) broadened FERC's authority. GAO agreed to (1) analyze FERC's role overseeing natural gas prices, (2) summarize FERC's progress in implementing EPAct 2005, and (3) examine states' role in overseeing natural gas prices. In preparing this report, GAO met with officials from 10 states that regulate gas in different ways and analyzed relevant laws and documentation.