Overview
Title
Combined Notice of Filings
Agencies
ELI5 AI
The Energy Department is checking if two companies can change their special prices for moving natural gas through pipelines, and people can say what they think about it until January 21, 2025.
Summary AI
The Federal Energy Regulatory Commission (FERC) has announced new filings related to natural gas pipeline rates, submitted by ANR Pipeline Company and Rockies Express Pipeline LLC. ANR has proposed a rate adjustment linked to the probability of default, while Rockies Express submitted an amendment to a negotiated rate agreement, both effective in early 2025. The public has until January 21, 2025, to submit comments, protest, or intervene in these proceedings. Further information can be accessed through the FERC’s eLibrary system or by contacting the Office of Public Participation.
Keywords AI
Sources
AnalysisAI
The Federal Energy Regulatory Commission (FERC) has issued a notice concerning new filings related to natural gas pipeline rates. This announcement pertains to submissions by two companies: ANR Pipeline Company and Rockies Express Pipeline LLC. These filings aim to adjust ANR's rates based on default probabilities and amend a negotiated rate agreement for Rockies Express. Both are set to take effect in early 2025. The document provides a framework for public participation, setting a deadline of January 21, 2025, for any comments, protests, or interventions regarding these filings.
General Summary
The FERC notice details two key filings from major pipeline companies. ANR Pipeline Company proposes a new rate that hinges on the likelihood of a default occurring. Meanwhile, Rockies Express Pipeline LLC is making changes to an agreement involving negotiated rates. Both initiatives will be implemented at the beginning of 2025. The public has the opportunity to scrutinize these proceedings and make their voices heard in the process. Interested parties can access further details through FERC's eLibrary.
Significant Issues or Concerns
While the notice is fairly straightforward, it does highlight a few issues of interest:
Unclear Financial Implications: The document does not specify any associated funding allocations or financial implications, making it difficult to assess whether these changes might lead to wasteful spending or economic efficiency.
Potential Bias: Although there's no explicit indication of favoritism, ensuring the neutrality and fairness of these proceedings remains important. Monitoring is necessary to confirm that no single organization or individual receives preferential treatment.
Complex Legal Language: The document references regulatory terms (18 CFR 385.211, 385.214, or 385.206) that may be opaque to individuals without legal training. This could hinder comprehensive public understanding and engagement.
Public Participation: The document encourages public involvement through the Office of Public Participation. While this is commendable, greater emphasis on the resources and support offered by this office could help enhance public understanding and facilitate more effective participation.
Public Impact
Broadly speaking, the document stands to impact the public in several ways:
Increased Awareness: For those interested in energy regulation, this notice provides an opportunity to deepen their understanding and contribute to decision-making processes that might affect energy costs and availability.
Economic and Environmental Considerations: Changes in pipeline regulation can have substantial effects on natural gas prices and subsequently on household energy expenses. Moreover, environmental considerations linked to pipeline operations may spark public interest or concern.
Stakeholder Impact
For specific stakeholders, the implications of these filings vary:
Pipeline Companies: ANR Pipeline Company and Rockies Express Pipeline LLC are at the forefront. These filings might influence their financial planning, operational strategies, and interactions with regulators and customers.
Consumers and Businesses: Potential rate changes can affect the cost of natural gas, impacting consumers' energy bills and broader economic health. Businesses relying on stable energy pricing could also experience fluctuations in operational costs.
Environmental and Community Groups: Organizations focused on environmental protection and community well-being may view these proceedings as chances to advocate for considerations beyond economic factors, such as ecological impact and community safety.
In sum, while this FERC notice primarily addresses administrative adjustments, its reverberations can touch many facets of public and business life. Engaging with the processes it describes may empower individuals and groups to shape outcomes that align with their interests and values.
Issues
• The document does not mention any specific funding or spending details, so it is unclear if there is any wasteful spending.
• There is no indication of favoritism towards any particular organization or individual. However, it would be helpful to monitor the filings and agreements to ensure impartiality.
• The language regarding the proceedings and regulatory references (18 CFR 385.211, 385.214, or 385.206) might be unclear to those not familiar with legal or regulatory terminology.
• The invitation for public engagement through the Office of Public Participation (OPP) is a positive aspect, but the mention of the role and resources of the OPP could be expanded for clarity.