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PLACID OIL CO. v. FED. ENERGY REGULATORY COM'N

No. 80-1667.

666 F.2d 976 (1982)

PLACID OIL COMPANY, et al., Petitioners, v. FEDERAL ENERGY REGULATORY COMMISSION, Respondent.

United States Court of Appeals, Fifth Circuit.

February 4, 1982.

Attorney(s) appearing for the Case

Shank, Irwin, Conant, Williamson & Grevelle, A. B. Conant, Jr., Dallas, Tex., for Placid Oil Co. et al.

J. Paul Douglas, Asst. Sol., Federal Energy Regulatory Comm., A. Karen Hill, Atty., Washington, D. C., for respondent.

Before HENDERSON, ANDERSON and SAM D. JOHNSON, Circuit Judges.

R. LANIER ANDERSON, III, Circuit Judge:

Petitioners1 seek review of the Federal Energy Regulatory Commission's ("Commission") interpretation of this court's decision in Tenneco Oil Co. v. FERC, 571 F.2d 834 (5th Cir.), cert. dismissed, 439 U.S. 801, 99 S.Ct. 43, 58 L.Ed.2d 94 (1978). In Tenneco, this court reversed that part of the Commission's rate order in Opinion No. 749,

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