E&ENews PM headlines —

SPOTLIGHT

1. OIL AND GAS:

FERC rejects market-rate bid for Seaway pipeline

Federal regulators have rejected a bid by pipeline owners to set market rates for moving crude from Cushing, Okla., to the Gulf Coast. Owners of the Seaway pipeline -- Enbridge Inc. and Enterprise Products Partners -- failed to provide enough cost data to show they would not have a monopoly in Oklahoma and Texas and along the Gulf Coast, the Federal Energy Regulatory Commission said yesterday.

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