EdwardJ. Gnniery Jr., is aportner in the Washington, D.C., h w fvrn of Suthcrlancl, Asbill & Brennan. His spccialky is natural gas law, in which he has twenty-one years' experience. He is a graduate of H a d Law SchooL NATURAL G ~J U N E 1992 Copyight 0 1992 by Executive Enterprises
The restructured (bumpy) road for the end user
β Scribed by Grenier, Edward J.
- Publisher
- John Wiley and Sons
- Year
- 2008
- Weight
- 247 KB
- Volume
- 9
- Category
- Article
- ISSN
- 0743-5665
No coin nor oath required. For personal study only.
β¦ Synopsis
The Restructured (Bumpy) Road for the End User _ _ and the pipeline (again elec'onically) that this end desires the entire billion cubic feet a day for the entire period and is willing to pay the maximum rate. In the ideal post-636 world the releasor and the releasee will each get what it wants, and everyone will be happy.
π SIMILAR VOLUMES
Now that Orders 636 and 636-A are a reality, end users must leam to cope. For several years, at least the more sophisticated end users have learned to cope with the Order 436/5OO regime of nominations, bid week, and other new parts of the industry's administration. To this must be added the 636 res
In June I commented on the tremendous procedural difficulties likely to be faced by end users a s they confront the pipeline restructuring process under Order 636. That likelihood has now become a reality. Between May 28 and June 9 we know of five restructuring (RS) conferences in Washington, D.C.,
The New York Mercantile Exchange announcecl ,A late October 1989 that, at long last, natural gas futures trading will become available. (See Morgan and O'Reilly 's column