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Kerr Bill
The Kerr Bill was an attempt to deregulate natural gas prices in the United States by amending the Natural Gas Act of 1938 to specifically remove any right of the Federal Power Commission to regulate the price charged for natural gas going into interstate pipelines. It was strongly backed by oil and gas companies. It was opposed by Leland Olds the chairman of the Federal Power Commission, although the Federal Power Commission itself did not take a position on the Bill and it was seen as a big factor in the rejection of Olds when his re-nomination was rejected later that year."The Senatorial Rejection of Leland Olds: A Case Study" Joseph P. Harris American Political Science Review Vol. 45, No. 3 (Sep., 1951), pp. 674-692 In 1948 and 1949 Bills with this aim has passed the House with large majorities, and were defeated by divided votes in the Senate Committee on Interstate and Foreign Commerce. In 1950 it passed both houses of Congress but was vetoed by President Truman Harry ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Natural Gas
Natural gas (also fossil gas, methane gas, and gas) is a naturally occurring compound of gaseous hydrocarbons, primarily methane (95%), small amounts of higher alkanes, and traces of carbon dioxide and nitrogen, hydrogen sulfide and helium. Methane is a colorless and odorless gas, and, after carbon dioxide, is the second-greatest greenhouse gas that contributes to global climate change. Because natural gas is odorless, a commercial odorizer, such as Methanethiol (mercaptan brand), that smells of hydrogen sulfide (rotten eggs) is added to the gas for the ready detection of gas leaks. Natural gas is a fossil fuel that is formed when layers of organic matter (primarily marine microorganisms) are thermally decomposed under oxygen-free conditions, subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Natural Gas Act Of 1938
The Natural Gas Act of 1938 was the first occurrence of the United States federal government regulating the natural gas industry. It was focused on regulating the rates charged by interstate natural gas transmission companies. In the years prior to the passage of the Act, concern arose about the monopolistic tendencies of the transmission companies and the fact that they were charging higher than competitive prices. The passage of the Act gave the Federal Power Commission (FPC) control over the regulation of interstate natural gas sales. Later on, the FPC was dissolved and became the Federal Energy Regulatory Commission (FERC) pursuant to a different act. FERC continues to regulate the natural gas industry to this day. History of regulation Regulation in the natural gas market has been in place since the very beginnings of the industry. Originally in the mid-1800s, natural gas was manufactured out of coal, and delivered locally in the same area in which it was produced. Local gov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Power Commission
The Federal Power Commission (FPC) was an independent commission of the United States government, originally organized on June 23, 1930, with five members nominated by the president and confirmed by the Senate. The FPC was originally created in 1920 by the Federal Water Power Act, which provided for the licensing by the FPC of hydroelectric projects on the land or navigable water owned by the federal government. The FPC has since been replaced by the Federal Energy Regulatory Commission. The FPC also regulated interstate electric utilities and the natural gas industry. In June 1939, President Roosevelt appointed Leland Olds to the FPC, who served as chairman from January 1940 until 1949. Under Olds’ leadership, the FPC successfully pressured electric utilities to extend power into neglected rural areas and to lower electricity rates to increase use. However his reappointment in 1949 failed in the Senate due to concerns about his suspected previous sympathy to communism. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Interstate Pipelines
The US natural gas pipeline system is a complex system of pipelines that carries natural gas nationwide and for import and export for use by millions of people daily for their consumer and commercial needs. Across the country, there are more than 210 pipeline systems that total more than 305,000 miles of interstate and intrastate pipelines.About U.S. Natural Gas Pipelines US Energy Information Administration website, accessed September 18, 2010 Of the lower 48 US states, those with the most natural gas pipeline running through them are Texas (58,588 miles), Louisiana (18,900), Oklahoma (18,539), Kansas (15,386), Illinois (11,900) and California (11,770). The states with the least natural gas pipeline are Vermont and New Hampshire. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leland Olds
Leland Olds (December 31, 1890 – August 5, 1960) was an American economist interested in labor, development of public electric power, and ecology. Education Olds was a son of George Olds, president of Amherst College. He studied mathematics at Amherst where he was influenced by the ideal of social work and the Social Gospel. He was a graduate student at Union Theological Seminary and then served as pastor of a small Congregational church in Brooklyn before spending some months in the army. Early career "Jolly, witty, informal" as well as "very fair-minded" and an accomplished cellist, Olds had been a minister, a teacher at Amherst, a researcher both for the federal government and the American Federation of Labor and a labor journalist. During 1918 and 1919 he was, along with Thorstein Veblen, part of the original Technical Alliance, associated with the philosophy of Technocracy In 1920 he met Franklin D. Roosevelt, Governor of New York, who appointed him to the Power Autho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leland Olds Hearing
The United States Senate failed to confirm the re-nomination of Leland Olds as the head of the Federal Power Commission in 1949. Olds was an economist who in the 1920s, before he was appointed by Franklin Roosevelt, Roosevelt as chairman of the commission, had been the Industrial editor for the Federated Press. It was a left wing news agency which served Trade Union newspapers but had an ambiguous relationship with the American Communist Party. The Olds hearings have been cited as a precursor to McCarthyism. Tenure in the Federal Power Commission The Federal Power Commission was a five-member regulatory body appointed by the President and confirmed by the Senate. One of the FPC's strongest leaders was Leland Olds who by 1949 had served two terms. Olds' insistence on enforcing the Natural Gas Act of 1938 raised the ire of the oil industry in Texas. In 1944, when Olds was renominated by Roosevelt, his writing for the Federated Press had been brought up by the anti-New Deal Republic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Political Science Review
The ''American Political Science Review'' (''APSR'') is a quarterly peer-reviewed academic journal covering all areas of political science. It is an official journal of the American Political Science Association and is published on their behalf by Cambridge University Press. APSR was established in 1906 and is the flagship journal in political science. Abstracting and indexing The journal is abstracted and indexed in the Social Sciences Citation Index, ''Current Contents'' / Social & Behavioral Sciences, International Bibliography of Periodical Literature, and the International Bibliography of Periodical Literature. According to the ''Journal Citation Reports'', the journal has a 2016 impact factor of 3.316, ranking it 5th out of 165 journals in the category "Political Science". Editorial team The first three managing editors were W. W. Willoughby (1906–1916), John A. Fairlie (1917–1925), and Frederic A. Ogg (1926–1949). For the 2020–2024 term, the journal is co-le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Senate Committee On Interstate And Foreign Commerce
The United States Senate Committee on Commerce, Science, and Transportation is a standing committee of the United States Senate. Besides having broad jurisdiction over all matters concerning interstate commerce, science and technology policy, and transportation, the Senate Commerce Committee is one of the largest of the Senate's standing committees, with 28 members in the 117th Congress. The Commerce Committee has six subcommittees. It is chaired by Sen. Ted Cruz (R-TX) with Sen. Maria Cantwell (D-WA) as Ranking Member. The majority office is housed in the Dirksen Senate Office Building, and the minority office is located in the Hart Senate Office Building. History The committee has its roots in the Committee on Commerce and Manufacturers, which served as a standing committee in the early-1800s. This committee was split in two in the 1820s and remained in this configuration until the Legislative Reorganization Act of 1946. Under the LRA, the number of standing committees was d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Truman
Harry S. Truman (May 8, 1884December 26, 1972) was the 33rd president of the United States, serving from 1945 to 1953. As the 34th Vice president of the United States, vice president in 1945, he assumed the presidency upon the death of Franklin D. Roosevelt that year. Subsequently, Truman implemented the Marshall Plan in the Aftermath of World War II, aftermath of World War II to rebuild the economy of Western Europe, and established both the Truman Doctrine and NATO to contain the expansion of Ideology of the Communist Party of the Soviet Union, Soviet communism. A member of the Democratic Party (United States), Democratic Party, he proposed numerous New Deal coalition liberal domestic reforms, but few were enacted by the conservative coalition that dominated the United States Congress. Truman was raised in Independence, Missouri, and during World War I fought in France as a captain in the Field Artillery. Returning home, he opened a haberdashery in Kansas City, Missouri, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
