The Federal Energy Regulatory Commission has decided to end a study, known as a Notice of Inquiry (NOI), examining how oil pipeline capacity is allocated during unusual circumstances, particularly those caused by the COVID-19 pandemic. The study initially sought to understand if current policies meet the demand for pipeline capacity, which had been disrupted, especially for transporting jet fuel. Various airlines had argued for changes to these policies to help rebuild capacity allocations. However, after reviewing feedback from different stakeholders, the Commission concluded that there wasn't enough evidence for making broad policy changes at this time and will terminate the proceeding.
Simple Explanation
The Federal Energy Regulatory Commission decided to stop looking into how oil pipelines share their space during weird times like the pandemic because they couldn't find enough reasons to change things right now. Some people were upset because they felt the reasons weren't clear and might be unfair to different groups.