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‘‘(2) In establishing a schedule, the Commission shall
comply with applicable schedules established by Federal
law.
‘‘(3) All Federal and State agencies with jurisdiction
over natural gas infrastructure shall seek to coordinate their
proceedings within the timeframes established by the Com-
mission with respect to an application for authorization
under section 3 or a certificate of public convenience and
necessity under section 7.
‘‘(d)(1) In a case in which an administrative agency
or officer has failed to act by the deadline established by
the Commission under this section for deciding whether to
issue the authorization, the applicant or any State in which
the facility would be located may file an appeal with the
President, who shall, in consultation with the affected agen-
cy, take action on the pending application.
‘‘(2) Based on the overall record and in consultation
with the affected agency, the President may—
‘‘(A) issue the necessary authorization with any
appropriate conditions; or
‘‘(B) deny the application.
‘‘(3) Not later than 90 days after the filing of an ap-
peal, the President shall issue a decision as to that appeal.
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‘‘(4) In making a decision under this subsection, the
President shall comply with applicable requirements of Fed-
eral law, including—
‘‘(A) the Endangered Species Act of 1973 (16
U.S.C. 1531 et seq.)
‘‘(B) the Federal Water Pollution Control Act
(33 U.S.C. 1251 et seq.);
‘‘(C) the National Forest Management Act of
1976 (16 U.S.C. 472a et seq.);
‘‘(D) the National Environmental Policy Act of
1969 (42 U.S.C. 4321 et seq.);
‘‘(E) the Federal Land Policy and Management
Act of 1976 (43 U.S.C. 1701 et seq.);
‘‘(F) the Coastal Zone Management Act of 1972
(16 U.S.C. 1451 et seq.); and
‘‘(G) the Clean Air Act (42 U.S.C. 7401 et
seq.).’’.
SEC. 384. PENALTIES.
(a) CRIMINAL PENALTIES.—
(1) NATURAL GAS ACT.—Section 21 of the Nat-
ural Gas Act (15 U.S.C. 717t) is amended—
(A) in subsection (a)—
(i) by striking ‘‘$5,000’’ and inserting
‘‘$1,000,000’’; and
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(ii) by striking ‘‘two years’’ and in-
serting ‘‘5 years’’; and
(B) in subsection (b), by striking ‘‘$500’’
and inserting ‘‘$50,000’’.
(2) NATURAL GAS POLICY ACT OF 1978.—Section
504(c) of the Natural Gas Policy Act of 1978 (15
U.S.C. 3414(c)) is amended—
(A) in paragraph (1)—
(i) in subparagraph (A), by striking
‘‘$5,000’’ and inserting ‘‘$1,000,000’’;
(ii) in subparagraph (B), by striking
‘‘two years’’ and inserting ‘‘5 years’’; and
(B) in paragraph (2), by striking ‘‘$500 for
each violation’’ and inserting ‘‘$50,000 for each
day on which the offense occurs’’.
(b) CIVIL PENALTIES.—
(1) NATURAL GAS ACT.—The Natural Gas Act
(15 U.S.C. 717 et seq.) is amended—
(A) by redesignating sections 22 through 24
as sections 24 through 26, respectively; and
(B) by inserting after section 21 (15 U.S.C.
717t) the following:
‘‘CIVIL PENALTY AUTHORITY
‘‘SEC. 22. (a) Any person that violates this Act, or any
rule, regulation, restriction, condition, or order made or im-
posed by the Commission under authority of this Act, shall
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be subject to a civil penalty of not more than $1,000,000
per day per violation for as long as the violation continues.
‘‘(b) The penalty shall be assessed by the Commission
after notice and opportunity for public hearing.
‘‘(c) In determining the amount of a proposed penalty,
the Commission shall take into consideration the nature
and seriousness of the violation and the efforts to remedy
the violation.’’.
(2) NATURAL GAS POLICY ACT OF 1978.—Section
504(b)(6)(A) of the Natural Gas Policy Act of 1978
(15 U.S.C. 3414(b)(6)(A)) is amended—
(A) in clause (i), by striking ‘‘$5,000’’ and
inserting ‘‘$1,000,000’’; and
(B) in clause (ii), by striking ‘‘$25,000’’
and inserting ‘‘$1,000,000’’.
SEC. 385. MARKET MANIPULATION.
The Natural Gas Act is amended by inserting after
section 4 (15 U.S.C. 717c) the following:
‘‘PROHIBITION ON MARKET MANIPULATION
‘‘SEC. 4A. It shall be unlawful for any entity, directly
or indirectly, to use or employ, in connection with the pur-
chase or sale of natural gas or the purchase or sale of trans-
portation services subject to the jurisdiction of the Commis-
sion, any manipulative or deceptive device or contrivance
(as those terms are used in section 10(b) of the Securities
Exchange Act of 1934 (15 U.S.C. 78j(b)) in contravention
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of such rules and regulations as the Commission may pre-
scribe as necessary in the public interest or for the protec-
tion of natural gas ratepayers.’’
SEC. 386. NATURAL GAS MARKET TRANSPARENCY RULES.
The Natural Gas Act (15 U.S.C. 717 et seq.) (as
amended by section 385(b)(1)) is amended by inserting
after section 22 the following:
‘‘NATURAL GAS MARKET TRANSPARENCY RULES
‘‘SEC. 23. (a)(1) The Commission may issue such rules
as the Commission considers to be appropriate to establish
an electronic information system to provide the Commission
and the public with access to such information as is nec-
essary to facilitate price transparency and participation in
markets for the sale or transportation of natural gas in
interstate commerce.
‘‘(2) The system under paragraph (1) shall provide,
on a timely basis, information about the availability and
prices of natural gas sold at wholesale and in interstate
commerce to the Commission, State commissions, buyers
and sellers of wholesale natural gas, and the public.
‘‘(3) The Commission may—
‘‘(A) obtain information described in paragraph
(2) from any market participant; and
‘‘(B) rely on an entity other than the Commis-
sion to receive and make public the information.