Legal Opinion

North Penn Gas Co. v. Federal Energy Regulatory Commission

Court of Appeals for the Third Circuit

Decided May 13, 1983No. 82-3212PublishedCited by 1 opinion

1Opinion of the Court

OPINION OF THE COURT.

WEIS, Circuit Judge.

In arriving at the fair rate a natural gas company may charge its customers, the value of the product in its inventory is a significant factor. In this petition for review, a pipeline company contends that its current higher costs for gas should be used to determine the value of its “stockpile.” The Federal Energy Regulatory Commission determined that the original cost of the gas should be used instead, and ordered refunds of rates based on the company’s higher valuation. Finding the agency’s action to be within its statutory authority, we deny the…

2Cases cited7 opinions

Federal Power Commission v. Hope Natural Gas Co.Supreme Court of the United States · 1944
Permian Basin Area Rate CasesSupreme Court of the United States · 1968
Federal Power Commission v. Natural Gas Pipeline Co.Supreme Court of the United States · 1942
United Gas Pipe Line Co. v. Mobile Gas Service Corp.Supreme Court of the United States · 1956
The Public Service Commission of the State of New York v. Federal Energy Regulatory Commission, Commonwealth Gas Pipeline Corp., Carolina Pipeline Corporation, Transcontinental Gas Pipe Line Corporation, Intervenors. North Carolina Natural Gas Corporation, Public Service Company of North Carolina, Inc., Piedmont Natural Gas Company, Inc. v. Federal Energy Regulatory Commission, Carolina Pipeline Company, Commonwealth Gas Pipeline Corporation, Public Service Commission of the State of New York, Transcontinental Gas Pipe Line Corp., Brooklyn Union Gas Co., Columbia Gas Transmission Corp., Washington Gas Light Company, Atlanta Gas Light Company, Intervenors. North Carolina Utilities Commission v. Federal Energy Regulatory Commission, Carolina Pipeline Company, Commonwealth Gas Pipeline Corporation, Public Service Commission of the State of New York, Transcontinental Gas Pipe Line Corp., Brooklyn Union Gas Co., Columbia Gas Transmission Corp., Washington Gas Light Company, Atlanta Gas Light Company, North Carolina Natural Gas Corp., Intervenors. Long Island Lighting Company v. Federal Energy Regulatory Commission, Transcontinental Gas Pipe Line Corp., North Carolina Natural Gas Corp., North Carolina Utilities Commission, Carolina Pipeline Company, Commonwealthgas Pipeline Corporation, Public Service Commission of the State of New York, Brooklyn Union Gas Company, Washington Gas Light Company, Atlanta Gas Light Company, Intervenors. The Brooklyn Union Gas Company v. Federal Energy Regulatory Commission, Transcontinental Gas Pipe Line Corp., Public Service Commission of the State of New York, Commonwealth Gas Pipeline Corporation, North Carolina Natural Gas Corp., North Carolina Utilities Commission, Washington Gas Light Company, Atlanta Gas Light Company, Intervenors. Transcontinental Gas Pipe Line Corporation v. Federal Energy Regulatory Commission, Carolina Pipeline Company, North Carolina Natural Gas Corp., Brooklyn Union Gas Company, IntervenorsCourt of Appeals for the D.C. Circuit · 1980

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3Cited by1 opinion

North Penn Gas Company v. Federal Energy Regulatory CommissionCourt of Appeals for the Third Circuit · 1983