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New Approaches By The Fpc / Scope Of Judicial Review, Charles E. Mccallum, Joel Porter
New Approaches By The Fpc / Scope Of Judicial Review, Charles E. Mccallum, Joel Porter
Vanderbilt Law Review
New Approaches By the FPC to the Regulation of Natural Gas Producers: an Evaluation
Since 1954 the independent producers of natural gas have been regulated by the Federal Power Commission, operating under the Natural Gas Act' as construed by the Supreme Court in the Phillips case. The results of this regulatory activity have been frustration and delay. Recently the Commission has taken steps to relieve some of its miseries. It has instituted a new approach to producer regulation, area pricing,and it has by regulation outlawed the use of certain contract provisions, indefinite price adjustment clauses, deemed especially harmful to the …