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In Phillips Petroleum Co. vs. Wisconsin, the U.S. Supreme Court extends federal regulation of natural gas prices to the wellhead, meaning that interstate gas producers, and not just gas pipeline transporters, were subject to federal rate regulation.
In Phillips Petroleum Co. vs. Wisconsin, the U.S. Supreme Court extends federal regulation of natural gas prices to the wellhead, meaning that interstate gas producers, and not just gas pipeline transporters, were subject to federal rate regulation.
Timeline Date:
1954
Related Teaching Unit:
Natural Gas