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FERC—Then and Now. What’s Changed at the Federal Energy Regulatory Commission over the past 20 years. 1985. Order No. 436 adopted FERC continued to publish maximum lawful prices Major classes of filings included Purchased gas adjustment clauses Take-or-pay
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FERC—Then and Now What’s Changed at the Federal Energy Regulatory Commission over the past 20 years
1985 • Order No. 436 adopted • FERC continued to publish maximum lawful prices • Major classes of filings included • Purchased gas adjustment clauses • Take-or-pay • Voluntary transportation programs • Ten pipelines filed major rates cases • NGPL applied to interconnect its Amarillo and Gulf Coast systems
1995 • Pipelines filed reports on first year of operation under Order No. 636 • Pipelines applied to spin-off or spin-down transmission facilities to gathering • Columbia emerged from bankruptcy • Market-based rates proposed • Development of market hubs • Numerous applications for storage facilities • 14 pipelines filed major rate cases
2005 • Pipeline expansions • Only 5 pipelines filed major rate cases • Increased attention to gas quality issues • Increased market monitoring • Numerous LNG proposals
IPAA at FERC • Pushing for more frequent pipeline rate review • Active in gas quality discussions • Watching market monitoring activities to ensure that regulations do not unfairly burden small producers