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9th Circ. Affirms FERC Ruling In '01 Energy Rate Case

By Keith Goldberg (December 17, 2015, 7:25 PM EST) -- The Ninth Circuit on Thursday backed the Federal Energy Regulatory Commission's conclusion that high-priced power sales during the 2001 western U.S. energy crisis cannot be automatically assumed to be unjust and unreasonable, rejecting arguments from California and others that market manipulation forced them to pay unlawful prices....

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