FERC

May 6, 2008 -- WASHINGTON, DC -- With energy prices continuing to reach record highs, U.S. Senators Jack Reed (D-RI) and Carl Levin (D-MI) sent a letter to President Bush requesting the creation of a new federal task force to investigate whether speculators are driving up prices in energy commodity markets through manipulative or deceptive practices.

Oil drums: Photo by tripletrouble (CC)    » read more »

April 9, 2008 -- Connecticut Governor M. Jodi Rell today announced she strongly supports federal legislation co-sponsored by Connecticut U.S. Sens. Christopher Dodd and Joe Lieberman that would strip the Federal Energy Regulatory Commission (FERC) of its authority to site liquefied natural gas terminals and return that power to the states.

LNG burner: Photo by John Bullas (CC)    » read more »

‘We Will Fight This Reckless Decision Every Step Of The Way’

January 11, 2007 -- Connecticut Governor M. Jodi Rell today utterly rejected the Federal Energy Regulatory Commission’s environmental impact study of the proposed Broadwater liquefied natural gas facility, saying FERC’s conclusion that the project would have little effect on the Long Island Sound is ludicrous. “We will challenge this absurd and indefensible agency decision in court,” Governor Rell said.    » read more »

October 29, 2007 -- "I am delighted that FERC has seen the light and rescinded this fatally flawed shoreline management plan. The commission heard and heeded residents and the facts, leading it to correctly conclude that the current plan is unfair and unworkable. While no specific reasons are stated, the commission's action hopefully shows that it will heed concerns about environmental issues such as water levels and ecosystems, and economic impacts in unfair fees and property rights.    » read more »

September 21, 2007 -- Washington, DC – U.S. Senators Dianne Feinstein (D-Calif.), Maria Cantwell (D-Wash.), and Ron Wyden (D-Ore.) today urged the Commodities Futures Trading Commission (CFTC) to work in tandem with Federal Energy Regulatory Commission (FERC) to pursue cases of manipulation in energy markets.    » read more »

August 24, 2007 -- SAN FRANCISCO - The 9th Circuit Court of Appeals today issued a key decision that requires the Federal Energy Regulatory Commission (FERC) to reconsider its refusal to grant energy crisis refunds—which could potentially return $1.3 billion to California ratepayers. The California Attorney General had asked the court to reverse FERC’s refusal to grant refunds after ratepayers suffered massive price-gouging on short-term energy purchased in the Pacific Northwest during the energy crisis of 2001.    » read more »

Electricity wholesaler PJM has been charged by its Market Monitor with undermining oversight that could help keep electricity prices down

July 10, 2007 -- WASHINGTON – U.S. Senator Robert Menendez (D-NJ), a member of the Senate Energy and Natural Resources Committee, today urged the Federal Energy Regulatory Commission (FERC) to hold a full hearing to investigate charges against a major electric power company that could affect electricity prices in New Jersey, 12 other states and the District of Columbia.    » read more »