Ignore This Agency at Your Own Peril

Located near Washington, D.C.'s Union Station is an obscure federal agency that has enormous control over the nation's energy companies. Even some senators have been a little confused about this agency -- but investors would do wise to pay attention, as its decisions affect the top lines of most of the nation's energy producers and transporters. These include Exxon Mobil (XOM), Kinder Morgan (KMI), Sempra Energy (SRE), Spectra Energy (SE), Cheniere Energy (LNG), ITC Holdings (ITC) and American Electric Power (AEP).

No, it is not the Energy Department. It is the Federal Energy Regulatory Commission, or FERC for short. FERC is an independent agency that regulates the interstate transmission of electricity, natural gas and oil. FERC also reviews proposals to build liquefied natural gas (LNG) terminals and interstate natural gas pipelines and licensing hydropower projects, per the website....576 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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