BENEFITS, DRAWBACKS OF FERC ORDERS AT ISSUE

The Federal Energy Regulatory Commission plans to complete its campaign to restructure the U.S. natural gas industry with two key rulemakings in the next few months. The agency has been working on a proposed rulemaking to change pipeline service obligations and complete the transition to a fully competitive gas pipeline system. That rule has been dubbed the "mega-NOPR" because of its expanse. And FERC is expected to revise its controversial Order 555 governing construction of pipeline

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