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This document serves as an application for price classification under various sections of the Natural Gas Policy Act. It is to be completed for each well to apply for a price determination using specific
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How to fill out APPLICATION FOR DETERMINATION OF THE MAXIMUM REASONABLE PRICE UNDER THE NATURAL GAS POLICY ACT (NGPA)

01
Obtain the APPLICATION FOR DETERMINATION OF THE MAXIMUM REASONABLE PRICE form from the appropriate regulatory agency.
02
Review the instructions provided with the form to understand the requirements.
03
Fill in the applicant's identification information, including name, address, and contact details.
04
Provide information regarding the specific natural gas production and prices that pertain to the application.
05
Clearly state the reasons for seeking a determination of the maximum reasonable price.
06
Attach any necessary supporting documentation that verifies the claims made in the application.
07
Review the completed application for accuracy and completeness.
08
Sign and date the application where required.
09
Submit the application to the designated authority, ensuring that any applicable fees are paid.

Who needs APPLICATION FOR DETERMINATION OF THE MAXIMUM REASONABLE PRICE UNDER THE NATURAL GAS POLICY ACT (NGPA)?

01
Producers of natural gas who want to establish a reasonable pricing structure.
02
Companies involved in the natural gas market that need regulatory approval for pricing.
03
Entities seeking compliance with the Natural Gas Policy Act regulations.
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The APPLICATION FOR DETERMINATION OF THE MAXIMUM REASONABLE PRICE UNDER THE NATURAL GAS POLICY ACT (NGPA) is a formal request submitted by natural gas producers to determine the maximum price that can be charged for natural gas under federal regulations, aiming to ensure compliance with the NGPA.
Natural gas producers who want to establish a maximum reasonable price for the natural gas they sell must file the APPLICATION FOR DETERMINATION OF THE MAXIMUM REASONABLE PRICE under the NGPA.
To fill out the APPLICATION FOR DETERMINATION OF THE MAXIMUM REASONABLE PRICE, producers should gather necessary data regarding production costs, sales prices, and relevant market information, then complete the application form according to the guidelines provided by the Federal Energy Regulatory Commission (FERC).
The purpose of the APPLICATION FOR DETERMINATION OF THE MAXIMUM REASONABLE PRICE is to establish a legally permissible price ceiling for natural gas sales, ensuring that prices remain fair and reasonable under the regulatory framework set by the NGPA.
The information that must be reported includes production costs, historical sales prices, market conditions, transportation expenses, and any other relevant financial data that can support the request for a maximum reasonable price determination.
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