Case

Atlanta Gas Light Co. (AGL) responded harshly yesterday to a report filed Tuesday by members of the Georgia Public Service Commission (GPSC) adversary staff, heating up an already steamy debate over AGL’s rates.

Lack of follow-through selling kept the bears guessing yesterdayat Nymex as the market ignored a trio of bearish factors-weather,storage, and cash prices-to trade nearly unchanged on the day. TheNovember contract was limited to a tight trading range and settleddown just 0.4 cents to $2.176 for the day. Estimated volume was43,394.

The Georgia Public Service Commission concluded Atlanta GasLight Co.’s historic rate case, opening its statewide gasdistribution system to marketers. The PSC approved a customereducation program for one year and procedures for Atlanta Gas Lightto follow when sharing information with gas marketers about thecompany’s nearly 1.5 million customers. The PSC also orderedAtlanta Gas Light to cut rates by $6 million. The reduction is inaddition to a $7 million rate cut ordered in June.

In a case that points up the marketplace failure of FERC’scapacity release rules, Consumers Energy and the Commission’senforcement section have come to a no-fault agreement over chargesConsumers collected payments in excess of maximum lawful rates forupstream pipeline capacity released to shippers.

In a case that points up the marketplace failure of FERC’scapacity release rules, Consumers Energy and the Commission’senforcement section have come to a no-fault agreement over chargesConsumers collected payments in excess of maximum lawful rates forupstream pipeline capacity released to shippers.

The proposal of Columbia Gas Transmission and Columbia GulfTransmission calling for FERC to allow the negotiation of terms andconditions of pipeline services would provide a “usefulimplementation tool for enactment of a generic program,” theAmerican Gas Association says.

Filings before the FERC relating to refund of ad valorem taxesimproperly collected by Kansas gas producers during the 1980squestion whether FERC’s authority overrules that of the statelegislature.