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H.R. 3488: Valve Safety Fairness Act of 2025

This bill, known as the Valve Safety Fairness Act of 2025, aims to enhance safety regulations related to gas pipeline operations. Specifically, it requires the Administrator of the Pipeline and Hazardous Materials Safety Administration (PHMSA) to extend existing safety rules to a specific type of gas gathering lines, referred to as Type A gas gathering lines.

Key Provisions

  • Application of Existing Rules: The bill directs the PHMSA to apply a final rule, which was established on April 8, 2022, regarding valve installation and minimum standards for detecting pipeline ruptures. This rule is currently in place for certain pipeline operations, but this legislation will make it mandatory for Type A gas gathering lines as well.

Types of Gas Gathering Lines

Gas gathering lines are pipelines that transport natural gas from production sites to processing plants. The Type A designation typically refers to a specific category of these pipelines that may have lower operational pressure or different usage compared to other types.

Impact of the Legislation

By applying these safety regulations to Type A gas gathering lines, the bill seeks to improve the overall safety management of natural gas operations. This is aimed at reducing the risks of gas leaks and ruptures, which can have severe environmental and safety implications.

Regulatory Oversight

The PHMSA will have the responsibility to enforce these standards once the bill is enacted. This includes ensuring that companies operating Type A gas gathering lines adhere to the new safety measures outlined in the finalized rule, potentially increasing operational costs for compliance but enhancing safety measures in the industry.

Relevant Companies

  • ET - Energy Transfer LP: May impact operations and compliance costs related to gas gathering lines.
  • OKS - ONEOK, Inc.: May face increased regulatory requirements related to valve and safety standards.
  • NBL - Noble Energy, Inc.: Potentially affected by changes to safety protocols for gas gathering operations.

This is an AI-generated summary of the bill text. There may be mistakes.

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Sponsors

2 bill sponsors

Actions

2 actions

Date Action
May. 19, 2025 Introduced in House
May. 19, 2025 Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Corporate Lobbying

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Potentially Relevant Congressional Stock Trades

Estimated excess return of the underlying stock since the transaction
Politician Stock Transaction Filed Traded
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Virginia Foxx R / House
ET logo
ET ENERGY TRANSFER LP COMMON UNITS
Sale $50,001 - $100,000
Apr 04, 2025 Mar 07, 2025 +0.87%
Congress pfp
Virginia Foxx R / House
ET logo
ET ENERGY TRANSFER LP COMMON UNITS
Purchase $1,001 - $15,000
Mar 03, 2025 Feb 19, 2025 -6.75%
Congress pfp
Virginia Foxx R / House
ET logo
ET ENERGY TRANSFER LP COMMON UNITS
Sale $15,001 - $50,000
Jan 06, 2025 Dec 06, 2024 -3.51%
Congress pfp
Virginia Foxx R / House
ET logo
ET ENERGY TRANSFER LP COMMON UNITS
Purchase $1,001 - $15,000
Dec 11, 2024 Nov 19, 2024 +0.47%
Congress pfp
Virginia Foxx R / House
ET logo
ET ENERGY TRANSFER LP COMMON UNITS
Purchase $1,001 - $15,000
Sep 04, 2024 Aug 19, 2024 +5.30%
Congress pfp
Virginia Foxx R / House
ET logo
ET ENERGY TRANSFER LP COMMON UNITS
Purchase $1,001 - $15,000
Jun 06, 2024 May 20, 2024 +0.47%
Congress pfp
Virginia Foxx R / House
ET logo
ET ENERGY TRANSFER LP COMMON UNITS
Purchase $1,001 - $15,000
Jun 06, 2024 May 02, 2024 -2.62%
Congress pfp
Virginia Foxx R / House
ET logo
ET ENERGY TRANSFER LP COMMON UNITS
Purchase $1,001 - $15,000
Jun 06, 2024 May 01, 2024 -1.47%
Congress pfp
Virginia Foxx R / House
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ET ENERGY TRANSFER LP COMMON UNITS
Purchase $1,001 - $15,000
May 06, 2024 Apr 30, 2024 -2.98%
Congress pfp
Chip Roy R / House
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ET ENERGY TRANSFER LP COMMON UNITS
Sale $1,001 - $15,000
Apr 11, 2024 Apr 10, 2024 -0.49%
Congress pfp
Virginia Foxx R / House
ET logo
ET ENERGY TRANSFER LP COMMON UNITS
Purchase $1,001 - $15,000
Mar 07, 2024 Feb 21, 2024 +2.80%
Congress pfp
Virginia Foxx R / House
ET logo
ET ENERGY TRANSFER LP COMMON UNITS
Purchase $1,001 - $15,000
Feb 05, 2024 Jan 18, 2024 +7.75%
Congress pfp
Virginia Foxx R / House
ET logo
ET ENERGY TRANSFER LP COMMON UNITS
Purchase $1,001 - $15,000
Feb 05, 2024 Jan 17, 2024 +6.14%
Congress pfp
Virginia Foxx R / House
ET logo
ET ENERGY TRANSFER LP COMMON UNITS
Purchase $15,001 - $50,000
Feb 05, 2024 Jan 16, 2024 +5.60%
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Mark E. Green R / House
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ET ENERGY TRANSFER LP COMMON UNITS
Sale $1,001 - $15,000
Jan 17, 2024 Dec 06, 2023 +4.06%
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Pete Sessions R / House
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ET ENERGY TRANSFER LP COMMON UNITS
Sale $15,001 - $50,000
Nov 07, 2023 Oct 31, 2023 -4.15%
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Mark E. Green R / House
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ET ENERGY TRANSFER LP COMMON UNITS
Sale $250,001 - $500,000
Aug 08, 2023 Aug 04, 2023 +9.48%
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Mark E. Green R / House
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ET ENERGY TRANSFER LP COMMON UNITS
Sale $100,001 - $250,000
Jul 24, 2023 Jul 18, 2023 +7.76%
Congress pfp
Mark E. Green R / House
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ET ENERGY TRANSFER LP COMMON UNITS
Sale $100,001 - $250,000
Jul 18, 2023 Jul 14, 2023 +8.58%
Congress pfp
Mark E. Green R / House
ET logo
ET ENERGY TRANSFER LP COMMON UNITS
Sale $250,001 - $500,000
Jun 30, 2023 Jun 27, 2023 +8.04%
Congress pfp
Mark E. Green R / House
ET logo
ET ENERGY TRANSFER LP COMMON UNITS
Sale $250,001 - $500,000
Jun 30, 2023 Jun 27, 2023 +8.04%
Congress pfp
Mark E. Green R / House
ET logo
ET ENERGY TRANSFER LP COMMON UNITS
Sale $1,001 - $15,000
Jun 30, 2023 Jun 26, 2023 +6.98%