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ARK. LA. GAS CO. v. FED. ENERGY REG. COM'N

No. 80-3219.

654 F.2d 435 (1981)

ARKANSAS LOUISIANA GAS COMPANY, Petitioner, v. FEDERAL ENERGY REGULATORY COMMISSION, Respondent.

United States Court of Appeals, Fifth Circuit.

August 28, 1981.

Attorney(s) appearing for the Case

Sherman S. Poland, Jacob Goldberg, G. William Stafford, Washington, D. C., Robert Roberts, Jr., Shreveport, La., for petitioner.

Jerome Nelson, Sol., Barbara J. Weller, Federal Energy Regulatory Comm., Washington, D. C., for respondent.

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

R. LANIER ANDERSON, III, Circuit Judge:

The only issue raised in this petition by Arkansas Louisiana Gas Company ("ARKLA") to review orders of the Federal Energy Regulatory Commission ("Commission") arising from rate increase filings is whether the Commission properly determined the rate of return on common equity. Because we conclude that the Commission has failed to adequately explain its determination of the lower limit of the zone of reasonableness, we vacate...

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