No more retroactive quality bank changesAlaska’s senators introduce bill to make future FERC oil valuation rulings prospective only; last year’s ruling goes back 12 years Kristen Nelson Petroleum News Editor-in-Chief
Alaska’s U.S. senators want to prevent the Federal Energy Regulatory Commission from making future oil valuation rulings for the trans-Alaska pipeline retroactive. An August administrative law judge ruling, now being considered by the full commission, is retroactive for 12 years.
Alaska Sens. Lisa....
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Bill would prevent retroactivity Valuation method changed by FERC
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