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LSDefine

Simple English definitions for legal terms

Federal Energy Regulatory Commission

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A quick definition of Federal Energy Regulatory Commission:

Federal Energy Regulatory Commission (FERC) is a group of five people who work for the U.S. Department of Energy. They are responsible for making sure that companies who sell natural gas, electricity, and oil by pipeline charge fair prices. They also give permission for companies to build hydroelectric-power projects. FERC was created in 1977 and replaced the Federal Power Commission.

A more thorough explanation:

The Federal Energy Regulatory Commission (FERC) is an independent commission within the U.S. Department of Energy. It is responsible for regulating and overseeing various aspects of the energy industry in the United States.

FERC has several key responsibilities:

  • Licensing hydroelectric-power projects
  • Setting interstate rates for transporting and selling natural gas for resale
  • Setting interstate rates for transporting and selling electricity at wholesale
  • Setting interstate rates for transporting oil by pipeline

FERC was created by the Department of Energy Organization Act of 1977 and succeeded the Federal Power Commission as the enforcer of the Natural Gas Act.

For example, if a company wants to build a hydroelectric-power project, they must obtain a license from FERC. FERC will review the project to ensure it meets certain safety and environmental standards before granting the license.

Another example is if a natural gas company wants to transport and sell gas for resale across state lines, they must obtain approval from FERC for the rates they will charge. FERC will review the rates to ensure they are fair and reasonable for both the company and the consumers.

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8:54
Here is a short one: https://www.tailopez.com/fullquiz again might be total bs idk
babycat
8:55
@llama: i got enfj-t
BulbasaurNoLikeCardio
8:55
ISTJ, for some reason HR made us take a personality quiz
babycat
8:55
In the first one
babycat
8:55
it says protagonist lol
8:56
@BulbasaurNoLikeCardio: what test did yall use? That is v intersting
8:57
@babycat: rare. upon reflection does it seem accurate?
babycat
8:58
“Your career path is likely to be driven by a deep-seated need to make a meaningful difference in people’s lives. You thrive in roles that allow you to inspire, guide, and develop others, making you an excellent teacher, counselor, or team leader. Your natural charisma and ability to articulate a compelling vision make you a standout in fields like human resources, public relations, or non-profit management.”
babycat
8:58
I like this
BulbasaurNoLikeCardio
9:00
@llama: honestly no idea it was through workday. I think it was like 2-3pts ISTJ over INTJ
9:00
the second test I linked gives careers. not sure if they use database correlation or something else?
9:01
@BulbasaurNoLikeCardio: that makes sense: you and bunny are both willing to go out of ur way to help others
BulbasaurNoLikeCardio
9:04
I honestly do not remember what it said about my personality type as it was almost two months ago
babycat
9:05
llama seems like he knows a lot about this so i will defer to his expertise
9:07
*does not. I am clueless to the validity. I think Im on the spectrum and in trying to understand social interaction, I have used theses 'types' to try to understand people
glovediedthisishismom
9:09
guys my boss was out all last week mysteriously for a "vacation" right after the accounting people found a bunch of messy stuff in the numbers, and she stil isnt here today
babycat
9:11
omg!! scandal
9:11
@glovediedthisishismom: she pulled some cash from the corp, gambled on red @ Vegas [like Fred Smith of FedEx], and LOST, now does not know what is next, probably. https://www.google.com/search?client=firefox-b-1-d&q=fedex+gambling+story
babycat
9:14
@llama: it’s okay i have like a little bit of girl autism too i think
9:17
@babycat: mine is self diagnosed- is yours? I do want to get a psyche eval at some point
BulbasaurNoLikeCardio
9:18
I have "operator syndrome" which is VA for a lot of TBIs, everyone is a little special but also being social sometimes just sucks. Not everyone is wired to be a super extrovert and it is okay to be less social
babycat
9:19
actually mine is diagnosed by Dkk of this chat
BulbasaurNoLikeCardio
9:20
@babycat: does it work like girl math or different?
babycat
9:20
i’m pretty social and probably not autistic. when I say girl autism I mean I just have some like trauma from my childhood
9:20
@BulbasaurNoLikeCardio: very possible as well.
starfishies
9:20
i thought it was a knod to how girls are often under diagnosed for things like adhd and autism lol
babycat
9:21
you can have a sense that you’re different from other people and don’t fit in or don’t understand them without being autistic I think
babycat
9:21
@starfishies: yeah that’s totally fair too
triplethread
9:22
today is THE day
babycat
9:22
also I’m on medicaid so even if i had autism I wouldn’t be able to get it diagnosed
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