FARMERS UNION CENT. EXCHANGE, INC. v. F.E.R.C.

Attorney(s) appearing for the Case

John M. Cleary, Washington, D.C., with whom Frederick L. Wood, Washington, D.C., was on the brief for Farmers Union Exchange, Inc., et al., petitioner in No. 82-2412 and intervenor in Nos. 83-1130, 83-1131, 83-1132, 83-1133 and 83-1134.

Robert G. Bleakney, Jr., Boston, Mass., with whom David M. Schwartz and Robert L. Calhoun, Boston, Mass., were on the brief for Williams Pipe Line Company, petitioner in No. 83-1130 and intervenor in No. 82-2412.

Cheryl C. Burke, Neal J. Tonken and Glenn E. Davis, Washington, D.C., were on the brief for Phillips Pipe Line Company, petitioner in Nos. 83-1131 and intervenor in No. 82-2412.

Paul A. Cunningham, Marc D. Machlin and Arthur W. Adelberg, Washington, D.C., entered appearances for Sun Pipe Line Company, petitioner in Nos. 83-1132 and intervenor in Nos. 82-2412, 83-1130, 83-1131, 83-1133 and 83-1134.

Robert E. Jordan, III, Steven H. Brose, Timothy M. Walsh, Washington, D.C., and Gerald A. Costello, Los Angeles, Cal., were on the brief for ARCO Pipe Line Company, petitioner in No. 83-1133 and intervenor in Nos. 82-2412, 83-1130, 93-1131 and 83-1132.

Robert J. Wiggers, Attorney, Dept. of Justice, Washington, D.C., with whom John Powers, III, Attorney, Dept. of Justice, Washington, D.C., was on the brief, for United States of America, respondent in Nos. 82-2412, 83-1130, 83-1131, 83-1132, 83-1133 and 83-1134.

Robert F. Shapiro, Attorney, Federal Energy Regulatory Commission, Washington, D.C., with whom Stephen R. Melton, Acting General Counsel, Jerome M. Feit, Sol. and Andrea Wolfman, Attorney, Federal Energy Regulatory Commission, Washington, D.C., were on the brief for Federal Energy Regulatory Commission, respondent in Nos. 82-2412, 83-1130, 83-1131, 83-1132, 83-1133 and 83-1134.

R. Eden Martin, Washington, D.C., with whom Lawrence A. Miller, Washington, D.C., Howard J. Trienens, New York City, and Patrick H. Corcoran, Washington, D.C., were on the brief for Association of Oil Pipelines, intervenor in No. 82-2412, and petitioner in No. 83-1130. Jules M. Perlberg, Chicago, Ill., and Ronald S. Flagg, Washington, D.C., also entered appearances for Association of Oil Pipelines.

Joseph W. Craft, III, Thomas E. Ricky, Kristen E. Cook, Tulsa, Okl., Jack W. Hanks and Ronald M. Johnson, Washington, D.C., were on the brief for Mid-America Pipeline Company, intervenor in Nos. 82-2412, 83-1130, 83-1131, 83-1132 and 83-1133 and petitioner in No. 83-1134.

James W. McCartney, Albert S. Tabor, Jr., Houston, Tex., David T. Andril, Washington, D.C., Jack E. Earnest and Bolivar C. Andrews, John E. Kennedy, Houston, Tex., were on the brief for Texas Eastern Transmission Corporation, intervenor in Nos. 82-2412 and 83-1130.

James F. Bell, Washington, D.C., was on the brief for Marathon Pipe Line Company, intervenor in Nos. 82-2412 and 83-1130. Thomas E. Fennell, Washington, D.C., also entered an appearance for Marathon Pipe Line Company.

Frank Saponaro, Jr., Washington, D.C., was on the brief for Buckeye Pipe Line Company, intervenor in Nos. 83-1130.

J. Paul Douglas and Jon L. Brunenkant, Washington, D.C., entered appearances for Getty Pipeline, Inc., intervenor in Nos. 82-2412, 83-1130, 83-1131, 83-1132, 83-1133 and 83-1134.

Walter E. Gallagher and Peter C. Lesch, Washington, D.C., entered appearances for Hydrocarbon Transportation, Inc., intervenor in Nos. 83-1130.

Jack Vickrey, Houston, Tex., was on the brief for Belle Fourche Pipe Line Company, intervenor in Nos. 83-1130, 83-1133 and 83-1134.

Before WALD, EDWARDS and STARR, Circuit Judges.

                                                  Page

  I. BACKGROUND ................................. 1490

 II. THE FERC OPINION ........................... 1492

     A. The Congressional Purpose in Mandating
        "Just and Reasonable" Oil Pipeline
        Rates ................................... 1492

     B. The Economic Context .................... 1493

     C. Rate Base ............................... 1495

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