Dear Chairman Manchin and Ranking Member Barrasso:
The Interstate Natural Gas Association of America (INGAA) appreciates the Senate Energy & Natural Resources Committee holding an oversight hearing on March 3 to review the Federal Energy Regulatory Commission’s (FERC) guidance, colloquially known as the “Policy Statements,” related to authorizing interstate natural gas infrastructure projects. The hearing precipitated, and some might argue effectuated, FERC’s suspension of the guidance, its decision to solicit additional public input, and commitment to not apply the guidance to pending applications before issuing revised Policy Statements. These actions were important steps towards restoring both regulatory certainty and focusing on Congress’ goal in passing the Natural Gas Act (NGA)—the orderly development of plentiful supplies of natural gas at reasonable prices.
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