We are mindful that the tight natural gas supplies could create temptations for improper behavior by some market participants.
More Quotes from Joseph Kelliher:
We are applying the hard-learned lessons of the California crisis, by assuring that clear and complete market rules are established before markets open. It is better to get it done right than to get it done fast.Joseph Kelliher
The commission lacked the necessary statutory authority to respond more robustly with meaningful civil penalties and express anti-manipulation authority. The commission played a weak hand rather well, in my opinion.
Joseph Kelliher
These transactions are significant in size, but our merger analysis was very straightforward, indicating no harm to competition.
Joseph Kelliher
Our actions today demonstrate our commitment to high safety standards. New England is facing a winter of very high natural gas prices. The region sorely needs additional gas supplies and a stronger gas infrastructure.
Joseph Kelliher
The bottom line we have lost a significant share of our natural gas supply, and imports cannot offset this loss. The result will be higher natural gas prices this winter.
Joseph Kelliher
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