Bluntly

Canadian Regulators Told Rigorous Policing Would Disrupt Gas Market

Canadian regulators have been bluntly warned that the continental market in natural gas has overtaken their ability to turn back the clock by policing it more tightly without damaging it. Transactions have attained a level of speed and complexity where even dipping into the stream to collect and disclose information would be disruptive, the Canadian Association of Petroleum Producers (CAPP) said in a request to the National Energy Board (NEB) to refrain from trying to interfere.

July 15, 2002