Court supports pipeline refunds
From Times Wire Reports
The Alaska Supreme Court has said that owners of the 800-mile trans-Alaska oil pipeline charged too much in the past to ship North Slope crude oil to refineries in the state.
The opinion from the state’s high court upholds a 2002 ruling by the Regulatory Commission of Alaska that said pipeline owners should refund the excess revenue collected from shippers -- about $80 million plus interest.
The refund would cover overcharges from 1997 to 2003.
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