North American Energy Act

S 989, the North American Energy Act, requires federal approval for new cross-border oil, natural gas, or electricity infrastructure projects in the U.S. It mandates that the Federal Energy Regulatory Commission (FERC) or Secretary of Energy issue a "certificate of crossing" within 90 days for such projects, unless they're deemed not in the U.S. public interest. The bill specifically accelerates approvals for natural gas imports/exports to Canada and Mexico (requiring approval within 30 days) and eliminates the need for Presidential permits for these projects. It does not affect existing facilities or projects with pending permits, and it repeals certain existing requirements for electricity transmission approvals. This bill directly affects energy companies seeking to build new border-crossing infrastructure.