Amendment to Federal Power Act (relating to Sale of Electric Energy in Foreign Commerce)...: Hearing...on S. 1442...June 11, 1953

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1953 - 47 páginas
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Página 10 - Federal regulation in matters relating to the transportation of natural gas and the sale thereof in interstate and foreign commerce is necessary in the public interest. (b) The provisions of this act shall apply to the transportation of natural gas in interstate commerce, to the sale in interstate commerce of natural gas for resale for ultimate public consumption...
Página 22 - Commission shall have jurisdiction over all facilities for such transmission or sale of electric energy, but shall not have jurisdiction, except as specifically provided in this Part and the Part next following, over facilities used for the generation of electric energy or over facilities used in local distribution or only for the transmission of electric energy in intrastate commerce, or over facilities for the transmission of electric energy consumed wholly by the transmitter.
Página 9 - Part next following and of that part of such business which consists of the transmission of electric energy in interstate commerce and the sale of such energy at wholesale in interstate commerce is necessary in the public interest, such Federal regulation, however, to extend only to those matters which are not subject to regulation by the States.
Página 10 - Part II— Regulation of Electric Utility Companies Engaged in Interstate Commerce "Declaration of Policy; Application of Part; Definitions "Section 201. (a) It is hereby declared that the business of transmitting and selling electric energy for ultimate distribution to the public is affected with a public interest...
Página 10 - products" or "petroleum products" includes any article produced or derived in whole or in part from petroleum or any product thereof by refining, processing, manufacturing, or otherwise. (3) The term "interstate commerce...
Página 43 - The business of insurance, and every person engaged therein, shall be subject to the laws of the several States which relate to the regulation or taxation of such business.
Página 9 - sale of electric energy at wholesale" when used in this Part means a sale of electric energy to any person for resale. (e) The term "public utility" when used in this Part or in the Part next following means any person who owns or operates facilities subject to the jurisdiction of the Commission under this Part.
Página 33 - The Department has been informed by the Bureau of the Budget that there is no objection to the submission of this report. Sincerely yours, THRUSTON B. MORTON, Assistant Secretary (For the Secretary of State) . 46102—54 2 OCTOBER 12, 1953.
Página 10 - Congress, it is hereby declared that the business of transporting and selling natural gas for ultimate distribution to the public is affected with a public interest, and that Federal regulation in matters relating to the transportation of natural gas and the sale thereof in interstate and foreign commerce is necessary in the public interest.
Página 10 - Natural gas" means either natural gas unmixed, or any mixture of natural and artificial gas. 16. "Natural gas company" means a person engaged in the transportation of natural gas in interstate commerce, or the sale in interstate commerce of such gas for resale.

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