Gary, Kym and David discuss the energy evolution through the lens of challenges in California, Texas, New England and abroad.
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FERC regulates both interstate natural gas pipelines and interstate liquids pipelines, but does so under very different statutes passed by Congress.
FERC adopted two new policies with respect to the approval of pipeline projects. Both policies will dictate whether any pending cases are eventually approved, but will also likely dictate the terms of approval for all pipeline projects for the next decade.
In addition to the extraordinary confluence of events happening in the world now and impacting global and domestic energy markets is an important Senate hearing that will scrutinize a recent FERC policy change that effectively stops new and expansion construction of pipeline infrastructure.