Henhouse

Overhaul of Order 497 a Top Priority

FERC’s pipeline marketing affiliate rule is about as effectiveas having a wolf guard the henhouse, says a Washington D.C. lawyerwho represents producers and independent marketers. Because ofescalating abuses in the market, he believes overhauling Order 497should be the first priority of the Commission in its post-Order637 dialogue with the natural gas industry.

May 8, 2000