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FERC Approves Gas Modernization Policy

                In November 2014, the Federal Energy Regulatory Commission (“FERC”) proposed a Policy Statement on Cost Recovery Mechanisms for Modernization of Natural Gas Facilities in Docket No. PL15-1 that would allow interstate pipelines to recover the costs of modernizing their facilities through an approved cost tracker or surcharge mechanism. Following its review of substantial initial and reply comments, FERC issued an order on April 15,...
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CFTC Plans To Lighten Regulatory Burdens on End-Users Trading Commodity

          On April 30, 2015, the Commodity Futures Trading Commission (“Commission” or “CFTC”) issued a notice of proposed rulemaking to amend its commodity trade option regulation. The proposed changes are intended to reduce recordkeeping and reporting obligations for physical commodity option transactions between commercial end-users which are not Swap Dealers (“SDs”) or Major Swap Participants (“MSPs”).  The Commission also proposed what it called...
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Jennings Strouss Attorneys Recognized in 2015 Washington DC Super Lawyers®

Washington, D.C. (April 29, 2015) – Jennings, Strouss & Salmon, PLC announced that firm members Debra D. Roby, Joel L. Greene, Gary J. Newell, Alan I. Robbins and Deborah A. Swanstrom have been listed in the 2015 Washington DC Super Lawyers® in the area of Energy and Resources. Debra D. Roby is Chair of the firm’s Energy practice group and has extensive experience representing clients before the Federal Energy Regulatory Commission (FERC) and related courts. She...
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FERC Conditionally Approves Risk-based Electric System Reliability Registration

  On March 19, 2015, The Federal Energy Regulatory Commission (“FERC”) issued an order in Docket No. RR15-4 (the “Order”) addressing a proposal by the North American Electric Reliability Corporation (“NERC”) to implement a Risked-Based Registration (“RBR”) proposal. The goal of NERC’s RBR proposal is to achieve an effective application of industry resources by considering the potential impact an entity has on the reliability of the Bulk Electric System...
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FERC Receives Reply Comments on its Proposed Policy on Cost Recovery for Modernization of Natural Ga...

                  Last month we informed you that the Federal Energy Regulatory Commission (“FERC”) had received initial comments on its proposed policy to allow interstate pipelines to recover the costs of modernizing their facilities through a cost tracker. On February 26th, FERC received reply comments. While the initial comments elicited many responses from both supporters and protestors of the proposed policy, the reply comments primarily...
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