FERC rules ensure gas pipelines treat customers fairly
To make sure they play fair, gas pipeline companies must wall off their staffers who run the line from those who market gas to buyers.
The federal rules that mandate this wall for interstate gas pipelines are laden with lofty language about treating customers alike, about avoiding undue preferences, about not putting competitors at a disadvantage or pricing services unfairly.
The rules have evolved in spasms over time. Some of the heaviest revisions have occurred only in the last 25 years or so as government loosened some strings on the U.S. gas industry and tightened others.
Posted: April 18, 2013