FERC To Examine Rates Charged By 2 Gas Pipeline Cos.

Law360, New York (November 15, 2012, 4:04 PM EST) -- The Federal Energy Regulatory Commission launched an investigation Thursday into rates charged by interstate natural gas pipeline operators Wyoming Interstate Co. LLC and Viking Gas Transmission Co. on suspicions that they are over-recovering their costs, resulting in unjust and unreasonable rates for customers.

FERC said the probe, authorized under the Natural Gas Act, stems from cost and revenue information submitted by the two pipeline companies for the years 2010 and 2011.

"FERC staff's analysis of this information indicates that current rates may allow the companies to...
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