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.