Texas Eastern Transmission Corporation v. Federal Power Commission

BELL, Circuit Judge:

This appeal presents a further development in the dispute between Texas Eastern and the Federal Power Commission over the disposition of refunds resulting from the disallowance by the Commission of rate increases collected during the period 1961-1964 from Texas Eastern by its suppliers.

The controversy first reached our court in Texas Eastern Transmission Corporation v. Federal Power Commission, 5 Cir., 1966, 357 F.2d 232, where, on grounds of prematurity, we dismissed petitions for review of Commission orders directing the suppliers to retain the refundable amounts until…