The Federal Energy Regulatory Commission (FERC) last week gave the public more time to comment on the review of a policy document that guides its decisions on approving new interstate gas facilities, including pipelines.
FERC approves projects with Certificates of Public Convenience and Necessity that require the commission to assess the impacts of the project and determine whether or not the proposed new gas infrastructure is needed.
The review comment period, which was scheduled to be closed in less than three weeks, has been extended to 26 May.
Unlike an abruptly abandoned 2018 effort at re-examining its certification policy statement – in which the commission received thousands of public comments but responded with silence – the process is likely to end differently this time, because FERC is signalling a willingness to reconsider previous positions.
FERC Announces GHG Emissions Assessments in Pipeline Certificate Proceedings | Perkins Coie
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The Natural Gas Industry in a Climate-Focused Future: Regulators Take Action to Adapt | Pierce Atwood LLP
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Biden Admin FERC & States Actions on Natural Gas Industry
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U.S. Oil, Gas Producers Face Dim 2021 Outlook; Crude Leads $3.2 Billion in First-Quarter Kickoffs
Industry Segment: Production | Word Count: 622 Words
Attachment: US OG prod 1Q21
SUGAR LAND January 15, 2021 Researched by Industrial Info Resources (Sugar Land, Texas) Things will get worse before they get better in the U.S. Oil & Gas Production Industry. The U.S. Energy Information Administration (EIA) forecasts domestic crude oil and natural gas will continue their production declines in 2021, albeit at a much slower pace than the catastrophic drops in 2020, before reviving in 2022. Industrial Info is tracking more than $3.2 billion worth of crude oil and natural gas production-related projects that are set to kick off across the U.S. in the first quarter, with the bulk attributed to oil.