BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which agency controls the price of natural gas and electricity for interstate business transactions?
A
Environmental Protection Agency
B
Federal Energy Regulatory Commission
C
Nuclear Regulatory Commission
D
Department of Energy
Explanation: 

Detailed explanation-1: -The Federal Energy Regulatory Commission (FERC) is an independent agency within the Department of Energy which regulates the interstate transmission of electricity, natural gas, and oil.

Detailed explanation-2: -The Federal Energy Regulatory Commission is charged by Congress with evaluating whether interstate natural gas pipeline projects proposed by private companies should be approved.

Detailed explanation-3: -The Federal Energy Regulatory Commission regulates interstate transmission of electricity, natural gas, and oil, and also regulates hydropower projects and natural gas terminals.

Detailed explanation-4: -The Federal Energy Regulatory Commission (FERC), an independent agency within DOE, regulates the interstate transmission of natural gas, crude oil, refined petroleum products, and electricity, as well as the interstate sale of electricity at wholesale.

Detailed explanation-5: -Our current commissioners are Chairman Richard Glick, Commissioner James Danly, Commissioner Allison Clements, Commissioner Mark C. Christie, and Commissioner Willie L. Phillips.

There is 1 question to complete.