Recent FERC Ruling Dashes Hopes Of Oil Pipeline Watchers
May 20, 2013, 12:07 PM EDT
Law360, New York (May 20, 2013, 12:07 PM EDT) -- The outcome this spring of a closely watched oil pipeline-complaint proceeding turned out to be a disappointment for industry watchers hoping for a definitive ruling on whether the Federal Energy Regulatory Commission would break with well-established precedent and require an interstate oil pipeline to interconnect with another pipeline.
In an order issued on March 22, FERC declined to require Enbridge Energy LP to grant an interconnection requested by High Prairie Pipeline LLC but offered little guidance for a rapidly developing industry anxious to see whether FERC...
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