Client AlertOn April 24, 2026, the Federal Energy Regulatory Commission (FERC) issued its Final Rule in the Five-Year Review of the Oil Pipeline Index,1 establishing the Oil Pipeline Index level for the five-year period beginning July 1, 2026. FERC set the index at Producer Price Index for Finished Goods minus 0.55% (PPI-FG - 0.55%), a notable departure from the initially proposed PPI-FG - 1.42% in the November 20, 2025 Notice of Proposed Rulemaking (NOPR).
This order, which governs rate-ceiling...
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