FERC Agrees To Reconsider Kinder Request For Rate Hike

Law360, New York (October 31, 2012, 7:52 PM EDT) -- The Federal Energy Regulatory Commission on Wednesday said it would consider rehearing Kinder Morgan's case for increasing rates for its Trailblazer pipeline, which the agency initially rejected over concerns that the hike would have upended a previous price agreement with gas shippers.

FERC granted Kinder Morgan's motion for a rehearing of its September order “in order to afford additional time for consideration of the matters raised or to be raised,” according to an order filed in the agency Wednesday. The motion would have been deemed automatically...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.