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- W137173879 abstract "The FERC`s recent oil pipeline rules open a new chapter in the history of oil pipeline rate regulation. It remains to be seen, however, whether these rules constitute a pathway to the future or merely another wrong turn in the labyrinth. Assuming the new rules survive judicial review, much may depend on how the FERC chooses to apply them, particularly in those areas where the agency has retained considerable discretion. In exercising that discretion, the FERC will need to monitor the new rules closely to ensure that the problems that created the need for a new regulatory regime do not simply recur in other guises. Part II of this Article will briefly describe the pre-existing oil pipeline ratemaking regime that formed the backdrop against which the Commission`s new rules were formulated. Part III will provide an overview of the new rules, highlighting those areas where the Commission has imposed new requirements on both pipelines and shippers. This discussion will also identify a number of areas where considerable uncertainty remains regarding the application of new rules, and will contrast the FERC`s version of price cap regulation with the experience of the Federal Communications Commissions (FCC) with price cap and market-based regulationmore » of telephone and cable television companies.« less" @default.
- W137173879 created "2016-06-24" @default.
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- W137173879 date "1995-08-01" @default.
- W137173879 modified "2023-09-26" @default.
- W137173879 title "Oil pipeline regulatory reform: Still in the labyrinth?" @default.
- W137173879 hasPublicationYear "1995" @default.
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