FERC's mega-NOPR. [Federal Energy Regulatory Commission, Notice of Proposed Rulemaking]

This article discusses the changes proposed by US FERC for natural gas regulations and the effect of those changes on the market for natural gas in the US. The topics of the article include the mega-Notice of Proposed Rulemaking, FERC's primary goals in the changes, unbundling of sales and transportation services, pregranted abandonment authority, comparable quality transportation services for all shippers, termination of existing capacity assignment programs and replacement of them with a uniform capacity reallocation system, and changes in the required methodology for firm transportation rates.