Federal Energy Regulatory Commission Rejects Preferential Rates and Capacity Rights for Committeed Shippers On Pre-Existing

Federal Energy Regulatory Commission Rejects Preferential Rates and Capacity Rights for Committeed Shippers On Pre-Existing

The Federal Energy Regulatory Commission (FERC) issued an order on March 20, 2014, rejecting Colonial Pipeline Company’s (Colonial) petition for a declaratory order (PDO) that, for the first time ever, would have allowed an interstate oil pipeline to grant preferential rates and capacity rights to shippers making volume commitments through an open season process conducted outside the context of a pipeline project.