Section 5 of the Natural Gas Act (15 U;S.C. 717d)

U.S.C. Title 15 - COMMERCE AND TRADE

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15 U.S.C.
United States Code, 2018 Edition
Title 15 - COMMERCE AND TRADE
CHAPTER 15B - NATURAL GAS
Sec. 717d - Fixing rates and charges; determination of cost of production or transportation
From the U.S. Government Publishing Office, www.gpo.gov

§717d. Fixing rates and charges; determination of cost of production or
transportation
(a) Decreases in rates
Whenever the Commission, after a hearing had upon its own motion or upon complaint of any
State, municipality, State commission, or gas distributing company, shall find that any rate, charge,
or classification demanded, observed, charged, or collected by any natural-gas company in
connection with any transportation or sale of natural gas, subject to the jurisdiction of the
Commission, or that any rule, regulation, practice, or contract affecting such rate, charge, or
classification is unjust, unreasonable, unduly discriminatory, or preferential, the Commission shall
determine the just and reasonable rate, charge, classification, rule, regulation, practice, or contract to
be thereafter observed and in force, and shall fix the same by order: Provided, however, That the
Commission shall have no power to order any increase in any rate contained in the currently
effective schedule of such natural gas company on file with the Commission, unless such increase is
in accordance with a new schedule filed by such natural gas company; but the Commission may
order a decrease where existing rates are unjust, unduly discriminatory, preferential, otherwise
unlawful, or are not the lowest reasonable rates.
(b) Costs of production and transportation
The Commission upon its own motion, or upon the request of any State commission, whenever it
can do so without prejudice to the efficient and proper conduct of its affairs, may investigate and
determine the cost of the production or transportation of natural gas by a natural-gas company in
cases where the Commission has no authority to establish a rate governing the transportation or sale
of such natural gas.
(June 21, 1938, ch. 556, §5, 52 Stat. 823.)

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