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Current as of January 01, 2023 | Updated by Findlaw Staff
The Louisiana Public Service Commission shall establish and enforce reasonable rates and regulations for gathering, transporting, loading, and delivering petroleum, by any common carrier as defined in R.S. 45:251, and for the furnishing and use of reasonable tank facilities necessary or integral to the transportation function and that may be necessary, in its capacity as a common carrier only, to take care, for a reasonable time, of all petroleum transported by it, excluding pipes designed and used solely within a terminal facility for terminaling services, including pipes delivering petroleum into or extracting petroleum from tanks used for terminaling services, intra-terminal transfer lines, metering facilities associated with such terminaling services, tanks designed and used for terminaling services, and truck unloading facilities, and to prescribe and enforce regulations for control of these common carriers in respect to their pipe lines and receiving, tanking, delivering, transferring, and loading facilities. It shall exercise this power upon petition by any person showing a substantial interest in the subject. No order requiring the furnishing of such facilities or establishing or prescribing rates, rules, and regulations shall be made, except after hearing after at least ten days and not more than thirty days notice to the person owning, controlling, managing, or operating the pipe lines affected. If any rate shall be filed by any pipe line and a complaint or petition to reduce the rate is filed by any shipper or owner of petroleum, and such complaint is sustained in whole or in part, all owners and shippers of petroleum, who shall have paid rates so filed by the pipe line have the right to reparation or reimbursement of all excess in transportation charges above the proper rate as finally determined, on all shipments made within six months prior to the date of the filing of the complaint.
Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 45, § 255. Regulations of commission; petition, notice, and hearing; reparations - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-45-sect-255/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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