15 U.S.C. § 717g

Accounts; records; memoranda

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(a) Rules and regulations for keeping and preserving accounts, records, etc.

Every natural-gas company shall make, keep, and preserve for such periods, such accounts, records of cost-accounting procedures, correspondence, memoranda, papers, books, and other records as the Commission may by rules and regulations prescribe as necessary or appropriate for purposes of the administration of this chapter: Provided, however, That nothing in this chapter shall relieve any such natural-gas company from keeping any accounts, memoranda, or records which such natural-gas company may be required to keep by or under authority of the laws of any State. The Commission may prescribe a system of accounts to be kept by such natural-gas companies, and may classify such natural-gas companies and prescribe a system of accounts for each class. The Commission, after notice and opportunity for hearing, may determine by order the accounts in which particular outlays or receipts shall be entered, charged, or credited. The burden of proof to justify every accounting entry questioned by the Commission shall be on the person making, authorizing, or requiring such entry, and the Commission may suspend a charge or credit pending submission of satisfactory proof in support thereof.

(b) Access to and inspection of accounts and records

The Commission shall at all times have access to and the right to inspect and examine all accounts, records, and memoranda of natural-gas companies; and it shall be the duty of such natural-gas companies to furnish to the Commission, within such reasonable time as the Commission may order, any information with respect thereto which the Commission may by order require, including copies of maps, contracts, reports of engineers, and other data, records, and papers, and to grant to all agents of the Commission free access to its property and its accounts, records, and memoranda when requested so to do. No member, officer, or employee of the Commission shall divulge any fact or information which may come to his knowledge during the course of examination of books, records, data, or accounts, except insofar as he may be directed by the Commission or by a court.

The books, accounts, memoranda, and records of any person who controls directly or indirectly a natural-gas company subject to the jurisdiction of the Commission and of any other company controlled by such person, insofar as they relate to transactions with or the business of such natural-gas company, shall be subject to examination on the order of the Commission.

(June 21, 1938, ch. 556, § 8, 52 Stat. 825.)

Notes of Decisions

Cited in 10 cases, 1955–2007 · leading case: Schneidewind v. ANR Pipeline Co., 485 U.S. 293 (1988).

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Schneidewind v. ANR Pipeline Co., 485 U.S. 293 (1988). “§§ 8 and 10, 15 U. S. C. §§ 717g and 717i; 18 CFR pt. 201 (1987).”

The Superior Oil Co. v. Fed. Energy Regulatory Comm'n, Mitchell Energy Corp. v. Fed. Energy Regulatory Comm'n, 563 F.2d 191 (5th Cir. 1977). “15 U.S.C.A. § 717g(c) (1976) (emphasis added).”

Union Oil Co. of California v. Fed. Power Comm'n, 542 F.2d 1036 (9th Cir. 1976). “Authority for the proposed new rule was stated to be sections 8,10,14, and 16 of the Natural Gas Act (15 U.S.C. §§ 717g, 717i, 717m, and 717o).”

Interstate Nat. Gas Ass'n of Am. v. Fed. Energy Regulatory Comm'n, 494 F.3d 1092 (D.C. Cir. 2007). “” As these comments reasonably respond to and negate all three prongs of the NPC test, we reject INGAA’s first argument.”

Cont'l Oil Co., the Superior Oil Co., Mitchell Energy Corp., & Mapco Inc. v. Fed. Power Comm'n, 519 F.2d 31 (5th Cir. 1975). “§ 717m(a) provides in pertinent part that, “[t]he Commission may investigate any facts, conditions, practices, or matters which it may find necessary or proper in order to determine whether any person has violated or is about to violate any provision of this chapter or any rule,…”

Glassberg v. Boyd, 116 A.2d 711 (Del. Ch. 1955). “NOTES [1] The complaint charges that the other individual defendants are in one way or another beholden to the defendants, Kayser, Liddell and Vanston and accordingly are incapable of exercising individual unbiased judgment as corporate directors.”

Cng Transmission Corp. v. Fed. Energy Regulatory Comm'n, 40 F.3d 1289 (D.C. Cir. 1994). “” 15 U.S.C. § 717g(a) (1988) (emphasis added).”

Alcoa S.S. Co., Inc. v. Fed. Mar. Comm'n & United States of Am., (Two Cases), 348 F.2d 756 (D.C. Cir. 1965). “§ 819 , provides that carriers and others within the regulatory jurisdiction of the Commission have a duty of confidentiality but makes no similar provision governing the Commission or its employees.”

Clark v. Gulf Oil Corp., 570 F.2d 1138 (3rd Cir. 1977). “15 U.S.C. § 717g(b) and (c) (1970). Finally, the enforcement provisions of the Act give the Commission broad administrative powers, the power to prescribe and issue orders and regulations, and to bring actions to enforce the public interest whenever there are violations of the…”

The Cities of Canton, Cleveland, & Massillon, Ohio v. Fed. Power Comm'n, Consol. Gas Supply Corp., Intervenor, 360 F.2d 521 (D.C. Cir. 1966). “Section 8 of the Act, 15 U.S.C. § 717g, gives the Commission authority to prescribe accounts “by rules and regulations.”

— 15 U.S.C. § 717g(a) — 1 case

Cng Transmission Corp. v. Fed. Energy Regulatory Comm'n, 40 F.3d 1289 (D.C. Cir. 1994). “” 15 U.S.C. § 717g(a) (1988) (emphasis added).”

— 15 U.S.C. § 717g(b) — 1 case

— 15 U.S.C. § 717g(c) — 1 case

The Superior Oil Co. v. Fed. Energy Regulatory Comm'n, Mitchell Energy Corp. v. Fed. Energy Regulatory Comm'n, 563 F.2d 191 (5th Cir. 1977). “15 U.S.C.A. § 717g(c) (1976) (emphasis added).”

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