Columbia Selling Houston Wholesale Trading Arm

Columbia Energy Group subsidiary Columbia Energy Services (CES)yesterday said it would sell its Houston-based wholesale andtrading operations. The move follows a review of CES’ overallenergy marketing businesses begun in February after the unitreported a $59 million operating loss for 1998.

August 31, 1999

Former Chairman Says Reforms May Threaten Order 636

Former FERC Chairman Martin L. Allday has expressed “deepconcern” about the Commission’s proposals to lift the price cap onshort-term capacity and to negotiate terms and conditions oftransportation service, saying they could threaten the successstory of Order 636. Allday’s Commission was the architect of therule that led to the restructuring of the natural gas industry.

November 9, 1998
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