Conoco, Inc. v. Federal Energy Regulatory Commission

RONEY, Circuit Judge:

Here the parties quarrel over whether gas from the Outer Continental Shelf, which was subject to lease but had not commenced flowing on the determinative date set by the new Natural Gas Policy Act, was exempted by that Act from the regulatory provisions of the old Natural Gas Act. The effect of the exemption would eliminate the requirement of obtaining a certificate of public convenience and necessity, and remove the gas from the regulatory controls over sales and uses of the gas and the abandonment or curtailment of service. The exemption would also mean that the gas…