Chevron, Noble Say Enbridge Pipeline Rates Are Too High

Law360, New York (May 8, 2013, 6:43 PM EDT) -- Chevron Products Co., Noble Energy Inc. and other petroleum makers asked the Federal Energy Regulatory Commission on Tuesday to reject proposed rates for the 500-mile Seaway crude oil pipeline run by Enbridge Inc. and Enterprise Products Partners LP's, arguing that the prices are unreasonably high.

Claiming that the cost presentation and rate calculations put forth by the companies fail to show that their proposed rates are just and reasonable under FERC standards, the petitioners are asking the agency to take a close look at a $1.1...
To view the full article, register now.