Overturning

Commenting on FERC’s Sept. 5 order overturning “monopolistic” offshore gas pipeline rates imposed by the Williams Companies, Apache Corp. said Friday that the decision is a victory for consumers and producers everywhere.

In the wake of a recent court ruling overturning FERC on a keyissue in the El Paso Natural Gas rate settlement, the Commissionyesterday in an unrelated case spelled out the standards andprocedures it follows in settlement cases where contested issuesare raised.