FERC Clarifies Treatment of Pipeline’s Discount-Type Adjustments for Negotiated Rates

By Joel L. Greene In an order on rehearing issued March 15, 2012 in Texas Gas Transmission, LLC, 138 FERC ¶ 61,175, the Federal Energy Regulatory Commission (“FERC”) took the opportunity to reiterate, and in light of overly broad precedent, clarify the conditions a pipeline must satisfy in order to…

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