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The reversal of order 636

โœ Scribed by Smead, Richard G.


Publisher
John Wiley and Sons
Year
2008
Weight
310 KB
Volume
9
Category
Article
ISSN
0743-5665

No coin nor oath required. For personal study only.

โœฆ Synopsis


ecently, the US. Courts of Appeals for the Eleventh and D.C. Circuits issued a joint order vacating and remanding Orders 636, 636-A, and 636-B. The courts found that the whole thing was a bad idea, unsupported by the factual findings necessary for action under Section 5 of the Natural Gas Act. Based upon the Cornmission's long-awaited economic-impact studies, the courts further found that the $4billion annual benefit expected from the Order 636 initiative was not evenly spread among market sectors. In fact, said the courts, nobody in the natural gas business would get any of the benefit-most of the $4 billion went to revitalize the airlines and hotels used for nationwide restructuring meetings. The rest went to the leg31 and consulting professions.

in fact, said the courts, nobody in the natural gas business would get any of the benefitmost of the $4 billion went to ravitalize the airlines and hotels used for nationwide restructuring meetings. The rest went to the legal and consulting professions.


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