Notices. DEPARTMENT OF ENERGY
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/register/2000/03/30/00-7799·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
BILLING CODE 4000-01-U DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket Nos. RM98-10-003; RM98-12-003] Regulation of short-Term Natural Gas Transportation Services; Regulation of Interstate Natural Gas Transportation Services; Order Denying Stay Issued March 24, 2000. Before Commissioners: James J. Hoecker, Chairman; William L. Massey, Linda Breathitt, and Curt He bert, Jr. On February 9, 2000, The Federal Energy Regulatory Commission (Commission) issued a final rule 1 that amended the Commission's open access regulations to grant a waiver for a limited period of the price ceiling for released capacity transactions of less than one year. 2 The waiver takes effect on March 26, 2000.
On March 15, 2000, Indicated Shippers and the Independent Petroleum Association of America filed a motion to stay the effective date of the waiver pending the Commission's consideration of the order and rehearing and any subsequent judicial review. 1 Regulation of Short-Term Natural Gas Transportation Services and Regulation of Interstate Natural Gas Transportation Services, 63 FR 10156 (Feb. 25, 2000), III FERC Stats. & Regs. Regulations Preambles ¶ 31,091 (Feb. 9, 2000). 2 18 CFR 284.8 (i).
The Administrative Procedure Act provides that an agency may stay an action “when justice so requires.” 3 The Commission finds that justice does not require the issuance of a stay, and denies the motion. 3 5 U.S.C. 705 (1994). *The Commission orders:* The motion for stay is denied. By the Commission. Linwood A. Watson, Jr., Acting Secretary. [FR Doc. 00-7799 Filed 3-29-00; 8:45 am]
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