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Competition and the Regulation of Utilities pp 71–95Cite as

Oil Pipeline Rates: A Case for Yardstick Regulation

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Part of the book series: Topics in Regulatory Economics and Policy Series ((TREP,volume 7))

Abstract

Oil pipeline rates are currently regulated by the Federal Energy Regulatory Commission (FERC) under provisions of the Interstate Commerce Act. This reflects the differing views of such regulation as mainly a matter of transportation or energy policy. The impetus for the administrative regulation of oil pipelines arose, however, from antitrust concerns. During 1906-1977 the task fell to the Interstate Commerce Commission (ICC) under the basic statutory standards applied to railroads. In 1977, it was transferred to the Department of Energy (DOE) and FERC.1

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Authors
  1. Jordan Jay Hillman
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Editor information

Editors and Affiliations

  1. Graduate School of Management, Rutgers University, Newark, New Jersey, USA

    Michael A. Crew

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© 1991 Springer Science+Business Media New York

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Hillman, J.J. (1991). Oil Pipeline Rates: A Case for Yardstick Regulation. In: Crew, M.A. (eds) Competition and the Regulation of Utilities. Topics in Regulatory Economics and Policy Series, vol 7. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-4048-9_5

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  • DOI: https://doi.org/10.1007/978-1-4615-4048-9_5

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4613-6811-3

  • Online ISBN: 978-1-4615-4048-9

  • eBook Packages: Springer Book Archive

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