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Oil pipeline regulation: has the FERC finally slain the Minotaur

Journal Article · · Energy Law J.; (United States)
OSTI ID:6268108
Opinion 154-B of the Federal Energy Regulatory Commission (FERC) is supposed to resolve a 14-year legal tangle for the oil pipeline industry. The author examines whether the Opinion will clarify the confusion and reduce the litigation burden, and concludes that it will not. Opinion 154-B will ensure that litigation continues. Case-specific proceedings must occur for each of the pipelines under FERC jurisdiction to answer the questions, notably rate of return, left unanswered in the Opinion. Among the factors the author considers are rate base, capital structure, rate of return, and taxes. 8 figures, 2 tables.
Research Organization:
Dept. of Energy, Washington, DC
OSTI ID:
6268108
Journal Information:
Energy Law J.; (United States), Journal Name: Energy Law J.; (United States) Vol. 6:2; ISSN ELJOE
Country of Publication:
United States
Language:
English