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Thursday, December 26, 2024

HYDE-SMITH EXPLORES OPTIONS TO HELP OVERCHARGED NATURAL GAS CONSUMERS

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Senator Cindy Hyde-Smith, US Senator for Mississippi | Senator Cindy Hyde-Smith official website

Senator Cindy Hyde-Smith, US Senator for Mississippi | Senator Cindy Hyde-Smith official website

WASHINGTON, D.C. – U.S. Senator Cindy Hyde-Smith (R-Miss.) utilized a Senate Energy and Natural Resources Committee confirmation hearing to discuss potential amendments to the Natural Gas Act, aiming to empower the Federal Energy Regulatory Commission (FERC) with refund authority in cases of unfair rates charged by natural gas transmission pipelines to consumers. Hyde-Smith expressed her concerns about the impact of overcharges on consumers, particularly those in Mississippi, who heavily rely on natural gas for various purposes.

During the hearing, Senator Hyde-Smith questioned the nominees on their willingness to collaborate towards mitigating the financial burden imposed by overcharges. She stated, "I appreciate the willingness of these nominees, if confirmed, to work with me and my office to find a way to lessen the impact that these billions in overcharges have on my constituents in Mississippi and across the country."

Highlighting the importance of FERC's role in ensuring reliable and reasonable rates for energy services, Hyde-Smith emphasized the need for the agency to focus on its core mission rather than engaging in environmental policymaking. She raised concerns about potential policies proposed by other federal agencies that could significantly impact the reliability of the energy grid without consulting FERC.

"We know the importance of FERC’s role when it comes to ensuring reliable and reasonable rates for the electric grid. Its very mission statement notes the responsibility to ensure ‘reliable, safe, secure, and economically efficient energy services at a reasonable cost.’ Nowhere does it mention being an environmental policymaking body," Hyde-Smith remarked.

Senator Hyde-Smith's efforts to address overcharges and protect natural gas consumers reflect her commitment to advocating for fair and affordable energy services for Americans, particularly those in Mississippi.

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