โ Scribed by Morgan, Richard G.
No coin nor oath required. For personal study only.
On April 4, 1988, the rich history of the traditionally adversarial segments of the natural gas industry was shattered by the Federal Energy Regulatory Commission (FERC), when the proposed rule for capacity brokering was issued.
The commission scheduled the conference using a four-panel format with members of the FERC staff presiding. The four panels were designated to discuss (1) what can be brokered, ( 2 ) the interstate pipeline rate and cost issues, (3) market power and discrimination (the definition of a workably competitive market and the determination of whether such a market exists on each pipeline), and (4) the proposed certificate provisions.
When the commission scheduled the conference, it requested supplemental comments to be filed on September 2 in light of the information presented. Commissioner Trabandt filed a concurring opinion appended to the notice requesting supplemental comments. He heartily endorsed the technical conference but also endorsed the need for a public hearing before the commission to air views and concerns about the capacity brokering proposal. Thus, in his view the technical conference would not be sufficient to investigatt: fully all aspects of the proposal. Echoing the coniments of the industry he noted that as yet, the proposal was largely a theoretical concept and not a concrete rule. In otherwords, Commissioner Trabandt favors further analysis of the concept and reissuance of a proposal with more specific information. At that time the industry would have a better (or its first) opportunity to comment on a truly substantive proposal.
Commissioner Trabandt noted the phenomenon created hy the proposed rulemaking,
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Having watched the trend towards resource recovery over the past quarter of a century, with its fluctuating ups and downs, 1 have observed a steadily increasing concern about the wastefulness of our economy. The nation has now entered a new era in waste management. Not that we have arrived, but rath
It is as if [applied] psychology had voluntarily restricted itself to only half its rightful jurisdiction, and that the darker, meaner half. Abraham Maslow, Motivation and Personality (1954: p. 354) The concept of a 'positive psychology' is rapidly gaining momentum in both psychology (Seligman, 199