# Regulation of short-Term Natural Gas Transportation Services; Regulation of Interstate Natural Gas Transportation Services; Order Denying Stay
Before Commissioners: James J. Hoecker, Chairman; William L. Massey, Linda Breathitt, and Curt He bert, Jr.
On February 9, 2000, The Federal Energy Regulatory Commission (Commission) issued a final rule [^1] that amended the Commission's open access regulations to grant a waiver for a limited period of the price ceiling for released capacity transactions of less than one year. [^2] The waiver takes effect on March 26, 2000. On March 15, 2000, Indicated Shippers and the Independent Petroleum Association of America filed a motion to stay the effective date of the waiver pending the Commission's consideration of the order and rehearing and any subsequent judicial review.
[^1] Regulation of Short-Term Natural Gas Transportation Services and Regulation of Interstate Natural Gas Transportation Services, 63 FR 10156 (Feb. 25, 2000), III FERC Stats. & Regs. Regulations Preambles ¶ 31,091 (Feb. 9, 2000).
[^2] 18 CFR 284.8 (i).
The Administrative Procedure Act provides that an agency may stay an action “when justice so requires.” [^3] The Commission finds that justice does not require the issuance of a stay, and denies the motion.
[^3] 5 U.S.C. 705 (1994).
*The Commission orders:* The motion for stay is denied.
By the Commission.
Linwood A. Watson, Jr.,
Acting Secretary.