FERC Order 490
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FERC Order 490
FERC Order 490 was a final rule by the Federal Energy Regulatory Commission to amend its regulations concerning the abandonment of certain sales and purchases of natural gas under Section 7(b) the Natural Gas Act of 1938, Natural Gas Act (NGA) where the underlying contract has expired. It was enacted on April 12, 1988.FERC Order 490 Docket No. RM87-16-0000 The following year, an environment of more deregulation took place with the enactment of Natural Gas Wellhead Decontrol Act of 1989. Rationale for the rule The goal of the order was to allow more affordable natural gas for the consumer. Gas from a producer going to a national pipeline would have the ability to switch to a regional pipeline. Contracts with high prices could be abandoned, which would lower prices for the consumer as a result. Prior to the rule, gas that was dedicated to an interstate pipeline or similar customer could not sell the gas to anyone else until FERC found that "abandonment is required by the publi ...
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Seal Of The United States Federal Energy Regulatory Commission
Seal may refer to any of the following: Common uses * Pinniped, a diverse group of semi-aquatic marine mammals, many of which are commonly called seals, particularly: ** Earless seal, also called "true seal" ** Fur seal ** Eared seal * Seal (emblem), a device to impress an emblem, used as a means of authentication, on paper, wax, clay or another medium (the impression is also called a seal) * Seal (mechanical), a device which helps prevent leakage, contain pressure, or exclude contamination where two systems join ** Hermetic seal, an airtight mechanical seal * Security seals such as labels, tapes, bands, or ties affixed onto a container in order to prevent and detect tampering Arts, entertainment and media * Seal (1991 album), ''Seal'' (1991 album), by Seal * Seal (1994 album), ''Seal'' (1994 album), sometimes referred to as ''Seal II'', by Seal * ''Seal IV'', a 2003 album by Seal * ''Seal Online'', a 2003 massively multiplayer online role-playing game Law * Seal (contract la ...
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