Label

Interstate pipelines should be allowed to build as much newcapacity as they want into the burgeoning Northeast gas marketproviding they are put at risk for underrecovery of rates on theprojects, pipeline customers told FERC last week. But absent suchan at-risk approach, they urged the Commission to exerciserestraint when assessing Northeast-bound pipe projects becausewhile they concede additional capacity will be needed in thefuture, they are more guarded than pipelines about the extent ofthe need.