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This report discusses the Federal Energy Regulatory Commission's (FERC) efforts to revise its approach to regulating & overseeing the nation's natural gas & electric power industries in light of these industries' evolution from highly regulated monopolies to competitive energy markets. The report contains recommendations to the Chairman of FERC on developing & implementing an effective regulatory & oversight approach for these markets. It also contains a matter for congressional consideration on the need to review FERC's legal authorities to determine whether revisions are warranted in view of the change to competitive energy markets. Charts, tables & graphs.Wells, Jim is the author of 'Energy Markets Concerted Actions Needed by Ferc to Confront Challenges That Impede Effective Oversight' with ISBN 9780756728281 and ISBN 0756728282.
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