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Approvals For TransCanada Tar Sand Pipeline Gets Sticky; Plus PMHSA Low-Stress Tug-Of-War And FERC Posting Edict
The Interstate Natural Gas Association of America (INGAA) only had two problems with 720A, which were resolved, in a split decision on July 30, which INGAA General Counsel Joan Dreskin calls "Solomonic." Transmission pipelines will have to provide no-notice transportation information based on its best estimate before 11:30 a.m. central time three days after the day of gas flow and make one update to each posted figure as necessary within 10 business days after the month in which the posted service was performed. INGAA had tried to convince FERC not to require any no-notice information after three days, so it lost that argument. But Dreskin says the fact that companies will have to provide only a single update is a plus.
Orders 720/720A stem from new authority Congress gave the Commission in the 2005 Energy Policy Act so that it could better police natural gas pricing.