Blanco Oil Company v. Federal Power Commission, the California Company and Gulf Oil Corporation, Intervenors

In this opinion we turn to petitions filed by Blanco Oil Co. and other producer petitioners that relate not to the validity of the provisions of the Federal Power Commission’s order considered in the Texas Gulf Coast Area Rate Cases, decided August 24, 1973, but rather to the order’s scope and application. The Commission determined the refund liability of producers operating under a permanent certificate during the periods covered by the rate order. Liability was to be measured by the difference between the actual rate charged during these periods and the new “just and reasonable” rates…