Oil Pipelines' Easy Regulatory Ride At FERC May Be Ending
Law360, New York (October 27, 2016, 7:26 PM EDT) -- The Federal Energy Regulatory Commission's recent decision to consider changing how it sets annual caps for oil pipeline rate increases is the latest sign that the commission is stepping up its regulation of oil pipelines after decades largely spent on the sidelines, a shift that could lead to more legal fights between pipeline owners and their customers, experts say.
On Oct. 20, FERC issued an advanced notice of proposed rulemaking that seeks comment on potential modifications for reviewing changes to its pipeline index rate, which allows pipeline companies to increase their rates subject to caps based on an adjusted index of...
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