Cook Inlet Pipe Line Co. v. Alaska Public Utilities Commission

OPINION

COMPTON, Justice.

This appeal arises out of Cook Inlet Pipe Line Company’s (CIPL) challenges to intrastate crude oil transportation tariffs ordered by the Alaska Public Utilities Commission (APUC) under the authority of Alaska’s Pipeline Act. At the foundation of the dispute is the APUC’s use of an “original cost method” for reviewing intrastate tariffs. CIPL notes that the Federal Energy Regulatory Commission (FERC), which regulates interstate tariffs, used a different rate setting method for the relevant time period. According to CIPL, use of these different methods resulted in…