FERC At 40

Law360, New York ( June 19, 2017, 9:55 PM EDT) -- In 1977, the Federal Power Commission was replaced by the Federal Energy Regulatory Commission, and the U. S. energy system entered a new era. As an independent regulatory agency within the U. S. Department of Energy, FERC regulates the transmission and wholesale sale of electricity and natural gas, and the transportation of oil by pipeline, in interstate commerce.  This series takes stock of FERC's past, present and future on the occasion of its 40th anniversary.  . . .

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