FERC Actions Regarding the Tax Cuts and Jobs Act of 2017
|The Commission has taken various actions as to the effect of the Tax Cuts and Jobs Act of 2017 on Commission-jurisdictional rates of electric public utilities, natural gas pipelines and oil pipelines. Read More
Regulating Oil Pipelines
The Commission's responsibilities include:
- Regulation of rates and practices of oil pipeline companies engaged in interstate transportation;
- Establishment of equal service conditions to provide shippers with equal access to pipeline transportation; and
- Establishment of reasonable rates for transporting petroleum and petroleum products by pipeline.
» Staff Oil Pipeline Handbooks
Safety & Inspections
Once oil projects become operational, safety is regulated, monitored and enforced by the Department of Transportation.
FERC has no jurisdiction over construction or maintenance of production wells, oil pipelines, refineries, or storage facilities. The Environmental Protection Agency has jurisdiction over oil spills.