Oklahoma Gas Storage Agreement

State:
Multi-State
Control #:
US-OG-723
Format:
Word; 
Rich Text
Instant download

Description

This form is used when Owner owns and operates underground gas storage facilities and Customer desires storage service for natural gas to serve its Plant, and Owner is willing to render such storage services.
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FAQ

Domestic natural gas markets are regulated in part by the Federal Energy Regulatory Commission . The commission's chief area of concern is the interstate natural gas market. Natural gas moves for the most part by pipeline in the United States.

The Oklahoma Corporation Commission is responsible for licensing and regulating electric power utilities, natural gas utilities, drinking water utilities and telecommunications utilities.

The Pipeline Safety Department administers the Oklahoma Corporation Commission's intrastate regulatory program to assure the safe transportation of natural gas, petroleum, and other hazardous materials by pipeline.

The Corporation Commission received from the Legislature in 1915 the statutory responsibility for regulating the oil and gas exploration and production industries in Oklahoma.

The price of fuel is not regulated in Oklahoma. The Oklahoma Corporation Commission's Petroleum Storage Tank Division has fuel inspectors who conduct inspections of fueling facilities to ensure fuel quality and accurate measurement.

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Oklahoma Gas Storage Agreement