A group of municipal gas utilities has called on Congress to pass legislation to reform Section 5 of the Natural Gas Act (NGA) so that shippers can receive retroactive refunds for over-collections of rates by interstate natural gas pipelines. Its request was accompanied by a recent study estimating that pipelines over-recovered more than $4 billion from their customers over a five-year period.
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Texas Regulators Nix Retroactive Permission for Chesapeake Gas Well
The Texas Railroad Commission (RRC) on Tuesday unanimously denied a request by Chesapeake Energy Corp. that asked for retroactive permission to continue drilling a horizontal natural gas well in the Barnett Shale in Fort Worth.
April 16, 2009
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