DC Circ. Keeps Price Caps On Gas Pipeline Releases

Law360, New York (August 17, 2010, 1:40 PM EDT) -- A federal appeals court has upheld the Federal Energy Regulatory Commission's decision to get rid of cost-based price ceilings on capacity releases by natural gas shippers while retaining caps on releases by natural gas pipelines.

A three-judge panel in the U.S. Court of Appeals for the District of Columbia Circuit on Friday denied a petition for review of the agency's 2008 final rule from the Interstate Natural Gas Association of America, Spectra Energy Transmission LLC and Spectra Energy Partners LP, rejecting their argument that FERC erred...
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