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Energy Law

: Energy Legal Blog

FERC Jettisons the Contract Basis of Mobile-Sierra Doctrine

By Dan Watkiss

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On March 17 a divided FERC (4-1) ruled that the Federal Power and Natural Gas Acts give the regulator discretion to apply to a non-contract rate the Mobile-Sierra doctrine that presumes freely negotiated contract rates and terms are just and reasonable under the Acts unless otherwise shown to be contrary to the public interest.  Dissenting, [...]

Full post as published by Energy Legal Blog on March 21, 2011 (boomark / email).

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