Wisconsin v. Federal Power Commission

Almost nine years have passed since this Court’s decision in Phillips Petroleum Co. v. Wisconsin, 347 U. S. 672, holding that the Federal Power Commission has jurisdiction over the rates charged by an independent producer of natural gas. The present case, involving *296the same independent producer, Phillips Petroleum (Phillips),1 is a sequel to that earlier decision and strikingly illustrates the unique problems confronting the Commission in its efforts to achieve the goal of effective regulation.

T.

Following the remand in the Phillips case, the Commission, proceeding under § 5 (a) of the Natural…