Fueling the Price of Power (and Gas): The Rising Profitability of Pipelines and the Need for Collective Action

Collective action on the part of America's utilities spurred the pipeline reforms that culminated in our competitive gas market. But, in the decade since then, the returns of many interstate pipelines have drifted up to surprisingly high levels. To square pipeline rates with costs for the relief of electricity and gas consumers, collective action is called for once again.