Executive Summaries of All CRS Reports

Thursday, January 2, 2014

Estimating the ”Economic Reach” of FERC - M-080113

Paul Parfomak

Specialist in Energy and Infrastructure

Attached is an analysis estimating the economic significance of the Federal Energy Regulatory Commission, conducted by the nonpartisan Congressional Research Service.  

The goal of the report is to provide at least a rough metric of the scope and magnitude of FERC’s “economic reach.” Although there are multiple ways of addressing this question and even defining this term, computing the value of the volumes of commodities that flow through FERC-regulated wires and pipes is a reasonable middle-ground methodology. Using this approach, CRS concluded that the total value approximates $435 billion each year. This sum is the equivalent to approximately just under 3% of the gross domestic product.

Date of Report: August 1, 2013

Number of Pages: 9
Order Number: M-080113

Price: $19.95

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Estimating the ”Economic Reach” of FERC - M-080113