[Federal Register Volume 65, Number 62 (Thursday, March 30, 2000)]
[Notices]
[Page 16903]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-7799]


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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 Hebert, 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.
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    \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 para. 31,091 (Feb. 9, 2000).
    \2\ 18 CFR 284.8 (i).
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    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.
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    \3\ 5 U.S.C. 705 (1994).
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    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]
BILLING CODE 6717-01-M