15 U.S.C. · Commerce and Trade
15 U.S.C. § 717d

Fixing rates and charges; determination of cost of production or transportation

Ch. 15B — NATURAL GAS
Title 15 U.S.C. ● ACTIVE Primary Source Ch. 15B
Statutory Text

15 U.S.C. § 717d — Fixing rates and charges; determination of cost of production or transportation

U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 15B - NATURAL GAS Sec. 717d - Fixing rates and charges; determination of cost of production or transportation From the U.S. Government Publishing Office, www.gpo.gov

§717d. Fixing rates and charges; determination of cost of production or transportation

(a) Decreases in rates Whenever the Commission, after a hearing had upon its own motion or upon complaint of any State, municipality, State commission, or gas distributing company, shall find that any rate, charge, or classification demanded, observed, charged, or collected by any natural-gas company in connection with any transportation or sale of natural gas, subject to the jurisdiction of the Commission, or that any rule, regulation, practice, or contract affecting such rate, charge, or classification is unjust, unreasonable, unduly discriminatory, or preferential, the Commission shall determine the just and reasonable rate, charge, classification, rule, regulation, practice, or contract to be thereafter observed and in force, and shall fix the same by order: Provided, however, That the Commission shall have no power to order any increase in any rate contained in the currently effective schedule of such natural gas company on file with the Commission, unless such increase is in accordance with a new schedule filed by such natural gas company; but the Commission may order a decrease where existing rates are unjust, unduly discriminatory, preferential, otherwise unlawful, or are not the lowest reasonable rates. (b) Costs of production and transportation The Commission upon its own motion, or upon the request of any State commission, whenever it can do so without prejudice to the efficient and proper conduct of its affairs, may investigate and determine the cost of the production or transportation of natural gas by a natural-gas company in cases where the Commission has no authority to establish a rate governing the transportation or sale of such natural gas.

(June 21, 1938, ch. 556, §5, 52 Stat. 823.)

Source: uscode.house.gov — public domain Official Source ↗
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15 U.S.C. § 717d
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The statutory text of 15 U.S.C. § 717d is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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