The Federal Energy Regulatory Commission (FERC) is an independent government agency, officially organized as part of the Department of Energy. FERC's purpose is to protect the public and energy customers by making sure that regulated energy companies are acting within the law.
The Commission is composed of 5 members, known as Commissioners. The Commissioners are appointed by the President of the United States with advice and consent of the Senate. There is no review of FERC's decisions by the President or Congress, making FERC independent from pressure by the branches of the government. The FERC pays for itself by recovering its annual costs from the industries it regulates.
FERC is responsible for:
Regulating the interstate transmission of natural gas, oil and electricity
Regulating the wholesale sales of electricity and oil
Licensing and inspecting hydroelectric projects
Approving the construction of Interstate natural gas pipelines, storage facilities and liquefied natural gas (LNG) terminals.
Did You Know?
More homes in the United States are heated by natural gas than by any other energy sources.
Question of the Month
Can I get a copy of the information in Bobcat's FERC filing?
Bobcat Storage will put a copy of the filing in the City Hall of Port Barre and a local branch library. Bobcat will also be sending out notification letters to all of our landowners along the project. These letters will provide more information on the project and give details on how the project will be handled at FERC.
As always, if you have question please contact Paul or Jamie at: (713) 320-0561
Bobcat Updates
January 2006
Drilling Rig moves on site
February 15, 2006
Bobcat files FERC application
February / March 2006
Drilling rig continues to drill for salt core samples
March 2006
Bobcat will hold open season to gauge commercial interest
Fall 2006
Anticipated start for construction and need for local labor
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