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 <subject>Competition</subject>
 <subject>Electric energy</subject>
 <subject>Electric utilities</subject>
 <subject>Natural gas</subject>
 <subject>Prices and pricing</subject>
 <subject>Regulatory agencies</subject>
 <subject>Utility rates</subject>
 <subject>Human resources utilization</subject>
 <subject>Federal agency reorganization</subject>
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 <title>Energy Markets: additional Actions Would Help Ensure That FERC&apos;s Oversight and Enforcement Capability Is Comprehensive and Systematic</title>
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<abstract>In June 2002, GAO reported that the Federal Energy Regulatory
Commission (FERC) had not yet adequately revised its regulatory  
and oversight approach for the natural gas and electricity	 
industries&apos; transition from regulated monopolies to competitive  
markets. GAO also concluded that FERC faced significant human	 
capital challenges to transform its workforce to meet such	 
changes. In responding to the report, FERC said that the new	 
Office of Market Oversight and Investigations (OMOI) it was	 
creating and human capital improvements under way would address  
these concerns. GAO was asked to report on FERC&apos;s progress in (1)
establishing an oversight and enforcement capability for	 
competitive energy markets and (2) improving agency-wide human	 
capital management.</abstract>
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 <topic>Competition</topic>
 <topic>Electric energy</topic>
 <topic>Electric utilities</topic>
 <topic>Natural gas</topic>
 <topic>Prices and pricing</topic>
 <topic>Regulatory agencies</topic>
 <topic>Utility rates</topic>
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