Transparency Provisions of Section 23 of the Natural Gas Act
other · US Department of Energy · Published 2008-01-04 · Effective 2008-02-04 · 73 FR 1014
Document
Document number
E7-25478
Federal Register citation
73 FR 1014
CFR reference
18 CFR 260
Type
Rule
Action
Final Rule.
Category
other
Sub-agency
US Department of Energy
Publication date
2008-01-04
Effective date
2008-02-04
Energy docket
Docket No. RM07-10-000
Abstract
In the final rule, the Commission promulgates regulations that require certain natural gas market participants to report information regarding their reporting of transactions to price index publishers and their blanket sales certificate status, and to report annually certain information regarding their wholesale, physical natural gas transactions for the previous calendar year. Certain market participants engaged in a de minimis volume of transactions will not be required to report information regarding their transactions for the calendar year. The reported information will make it possible to estimate the size of the physical U.S. natural gas market, to assess the use of index pricing in that market, and to determine the size of the fixed-priced trading market that produces the information. These regulations facilitate price transparency in markets for the wholesale sale of physical natural gas in interstate commerce.