FERC Assures Seaway Crude Pipeline that Negotiated Committed Rates On the Reversed Pipeline Are Certain Over the Term of the Contract

摘要

According to FERC, Seaway Crude Pipeline Co. (OR13-10) slipped up procedurally, but the Commission reiterated its policy as to committed rates in order to remove uncertainty that Seaway believed was triggered by a Trial Staff maneuver during hearing proceedings involving its rates on a reversed oil pipeline project.