We are currently in full compliance with the rule as is and do not expect any amendments as a result of the three petitions to have any material effect. We also generate industrial wastes that are subject to the requirements of the Resource Conservation and Recovery Act the “RCRA” , and comparable state statutes. We are a master limited partnership that provides natural gas gathering, processing, treating, compression and transportation services and NGL fractionation and transportation services. Isobutane is predominantly used in refineries to produce alkylates to enhance octane levels. Our NGL products and the demand for these products are affected as follows:
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As discussed above, the price and terms of access to pipeline transportation are subject to extensive federal and state regulation. Our construction of new assets may not result in revenue increases and will be subject to regulatory, environmental, political, legal and economic risks, which could adversely affect our results of operations and financial condition.
These laws and regulations may impose numerous obligations that are applicable to our operations, including the acquisition of permits to conduct regulated activities, the incurrence of capital or operating expenditures to limit or prevent releases of materials from our pipelines and facilities, and the imposition of substantial liabilities and remedial obligations for sxe injected 14.5 resulting from our operations or at locations currently or previously owned or operated by us.
In addition to competing for natural gas supply volumes, we face competition for customer markets in selling residue gas and NGLs.
If a significant accident or event occurs for which we are not fully insured, it could adversely affect our operations and financial condition.
If the cost of such capital becomes too expensive, our ability to develop or acquire strategic and accretive assets will be limited.
Several states have also proposed or adopted legislative injrcted regulatory restrictions on hydraulic fracturing. Our natural gas injectde operations are subject to ratable take and common purchaser statutes in most of the states in which we operate.
We try to anticipate future sxe injected 14.5 requirements that might be imposed and plan accordingly to remain in compliance with changing environmental laws and regulations and to minimize the costs of such compliance.
Future exposure to the volatility of oil and natural gas prices could have a material adverse effect ijected our business, results of operations and financial condition and our ability to make distributions. Joint and several, strict liability may be incurred, without regard to fault, under certain of these environmental sxe injected 14.5 and regulations in connection with discharges or releases of hydrocarbon wastes on, under or from our properties and facilities, many of which have been used for midstream activities for a number of years, oftentimes by third parties not under our control.
A material decrease in such divestitures would limit our opportunities for future acquisitions and could adversely affect our ability to grow our operations and increase our cash distributions to our unitholders.
Due to their location, our operations along the Gulf Coast are vulnerable to operational and structural damages resulting from hurricanes and other severe weather systems and our insurance may not cover all associated losses. We are currently evaluating the impact that the final rules will have on our operations. Although the FERC has not made any formal determinations with respect to any of our facilities, we believe that our intrastate natural gas pipelines and related facilities that are not engaged in providing interstate transmission services are engaged in exempt gathering and intrastate transportation and, therefore, are not subject to FERC jurisdiction.
Most of these cap and trade programs work sxe injected 14.5 requiring either major sources of emissions, such as electric power plants, or major producers of fuels, such as refineries and gas processing plants, to acquire and surrender emission allowances. It presently appears unlikely that comprehensive climate legislation will be passed by either house of Congress in the near future, sxe injected 14.5 energy legislation and other initiatives are expected to be proposed that may be relevant to GHG emissions issues.
Our overall net position with respect to natural gas can change over time and our exposure to fluctuations in natural gas prices could materially increase, which in turn could result in increased volatility in our revenue, gross operating margin and cash flows. Forward-looking statements include, without limitation, any statement that may project, indicate or imply sxe injected 14.5 results, events, performance or achievements, and may contain the words “expect,” “intend,” “plan,” “anticipate,” “estimate,” “believe,” “will be,” “will continue,” “will likely result,” and similar expressions, or future conditional verbs such as “may,” “will,” “should,” “would” and “could.
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Title of each class. In Decemberthe FERC issued a final rule on the annual natural gas transaction reporting requirements, as amended by subsequent orders on rehearing, or Order No. We sell processed natural gas to third parties at plant tailgates, pipeline pooling points or sxe injected 14.5 inlet meters to the sites of industrial and utility customers.
Forward-looking statements are based on current expectations and projections about future events and are inherently subject to a variety of risks and uncertainties, many of sxe injected 14.5 are beyond the control of our management team.
These sales may be interrupted by disruptions to volumes anywhere along the system. A portion of our customers’ natural gas production is developed from unconventional sources, such as shales, that require hydraulic fracturing as part of the completion process. State or other jurisdiction of. Three of our facilities the Gregory, Conroe and Woodsboro plants have more than the threshold quantity of listed chemicals; therefore, a “Top Screen” evaluation was submitted to the DHS.
Our success depends on drilling activity and our ability to attract and maintain customers in a limited number of geographic areas. As with other yield-oriented securities, our unit price is impacted by our level of our cash distributions and implied distribution yield.
While there was financial impact in the first quarter of due to reduced operations at our Gregory facility, there has been no lasting operational or financial impact from the fire.
OSHA Process Safety Management Regulations, which are designed to prevent or minimize the consequences of catastrophic releases of toxic, reactive, flammable or explosive sxe injected 14.5 and. The loss of, or material nonpayment or nonperformance by, any one or more of these customers could adversely affect our ability to make cash distributions to our unitholders. We provide our services primarily under fixed-fee and fixed-spread contracts, which help to promote cash flow reliability and minimize our direct exposure to commodity price fluctuations.
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Maintain sound financial practices xse ensure our long-term viability. State and local regulation may cause us to incur additional costs or limit our operations, may prevent us from choosing the customers to which we provide service. Our natural sxe injected 14.5 gathering, processing, compression, treating and transportation operations and NGL fractionation services sse subject to stringent and complex federal, state and local environmental laws and regulations that govern the discharge of materials into the environment or otherwise relate to environmental protection.