Cried Texas Governor Allan Shivers last week: "This is one of the greatest invasions of states' rights the courts have ever announced." What had alarmed him, along with oilmen and officials of other big gas-producing states, was the new gas decision of the U.S. Supreme Court (TIME, June 14). The Federal Power Commission, said the court, has authority to regulate natural-gas rates charged by "independent producers," i.e., those who gather gas within a state and then sell it to interstate pipeline companies.

The ruling came as a shock to the FPC. The commission...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!