TREATISES:

J. Bonbright, Principles of Public Utility Rates (1961)..

1 A. Priest, Principles of Public Utility Regulation: Theory and Application (1969).

C. Phillips, Jr., The Economics of Regulation (1965). .

MISCELLANEOUS :

Alaska Construction & Oil, Sept. 1975.
Annual Report (Form 10-K), BP Pipelines Inc., Dec.
31, 1974.

16, 18

10, 11, 24

39

123 Congressional Record H. 5322 (June 2, 1977). Executive Committee Review Trans Alaska Pipeline System Status Report (undated).

Executive Order No. 12009, 42 Fed. Reg. 46267 (Sept. 15, 1977). .

Federal Power Commission, Federal and State
Commission Jurisdiction and Regulation of
Electric, Gas, and Telephone Utilities
(1973).

Federal Trade Commission, Staff Report on the
Structure, Conduct and Performance of the
Western States Petroleum Industry, (No. R-6-
15-26) (Sept. 1975) .

Geological Estimates of the United States,
Geological Survey Circular 725, Table 4

Interstate Commerce Commission Annual
Report Form P.

In the Matter of Interprovincial Pipeline LTD
(No. 1762-Jd-1), National Energy Board of
Canada, December, 1976. .

44-579 0 79 19

Report to the Alaska Pipeline Commission by the
Commission's Special

Unit Agreement, Prudhoe Bay Unit, State of
Alaska.

Valuation Docket 1284, Ajax Pipeline Corp. 50 Val. Rep. 1 (1947).

Valuation of Common Carrier Pipelines, Dkt. No. RM78-2, testimony of Jesse C. Oak (March 25, 1977). .

Valuation of Common Carrier Pipelines, Dkt. No.
RM78-2, cross-examination of Jesse C. Oak
(Nov. 1, 1977). . .

Washington Post, June 21, 1977

49, 50

43, 49, 50,

51, 52, 57,

73, 76, 81

53, 54, 80,

82

20

TABLE OF CONTENTS

TABLE OF AUTHORITIES

STATEMENT

ARGUMENT

I. A COMPLETE RECORD ON THE PROPER METHOD
OF DETERMINING A RATE BASE AND THE RATE
OF RETURN FOR THE TAPS CARRIERS MUST BE
DEVELOPED IN THIS PROCEEDING

Page

iv

1

5

5

6

6

9

.. 12

16

II.

THE COMMISSION IS EMPOWERED TO
ISSUE AN INTERIM RATE ORDER DIS-
ALLOWING PORTIONS OF THE CARRIER'S
INITIAL RATE AS FILED, TO ORDER
REFUNDS OF AMOUNTS CHARGED ABOVE
THE INTERIM RATE, AND TO ORDER
FILING OF THE INTERIM RATE SUBJECT
TO REFUND AND FURTHER HEARINGS

Page

18

III. THE COMMISSION SHOULD ADOPT A PHASED
HEARING IN THIS PROCEEDING

23