No FERC Appeal For Pipeline Rate Contract: DC Circ.

Law360, New York (March 1, 2010, 5:43 PM EST) -- The Federal Energy Regulatory Commission cannot intervene once a natural gas pipeline and a shipper have contractually set the terms of their rates, a federal appeals court has ruled.

A three-judge panel in the U.S. Court of Appeals for the District of Columbia Circuit ruled Friday that FERC was correct to deny shipper Iberdrola Renewables Inc.'s petition for review of Alliance Pipeline LP's rate increase.

“Iberdrola raises no argument that persuades us to part company from the well-established rule that freely negotiated rates are presumed just...
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