SENATE PANEL BACKS GAS REGULATORY REFORM

The Senate energy committee has approved natural gas regulatory reform provisions for its U.S. National Energy Strategy (NES) legislation. One of the changes, sought by independent producers, would require more regulatory oversight of Canadian gas imports. Most of the gas provisions were the result of compromise, with the committee staff merging the administration's NES proposal with a bill authored by Sens. Bennett Johnston (D-La.) and Malcolm Wallop (R-Wyo.) and other Senate bills.

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