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LegalText 15 U.S.C. § 717d Fixing rates and charges; determination of cost of production or transportation us united_states_code code_section 15 COMMERCE AND TRADE 15B NATURAL GAS 717d 15 U.S.C. § 717d current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip /us/usc/t15/s717d data/legal/raw/us/code/title-15/usc15.xml 2b9849de27ac034880dd58f7b6bee37be4b6c5b91e194dc67ee83607ada7e0bc 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 2c9025c902efdaf5d0f1ce3381358227af9fc0a9d8317b3acf200ce568c64bc7 2026-07-04 official
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15 U.S.C. § 717d - Fixing rates and charges; determination of cost of production or transportation

Text

(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.)