Regulations run roughshod 'round retroactive rates

✍ Scribed by Grenier, Edward J.

• Publisher: John Wiley and Sons
• Year: 2008
• Weight: 265 KB
• Volume: 6
• Category: Article
• ISSN: 0743-5665
• DOI: 10.1002/gas.3410060904

✦ Synopsis

Fundamental to the regulatory smcture established by the Natural Gas Act are the requirements that gas companies file their rates in public tariffs and charge no more than what is approved by the commission as "just and reasonable." When pipelines want to change their rates, they must file under Section 4 of the act, which states that no change shall take effect "except after thirty days' notice to the