NGA

This year the Federal Energy Regulatory Commission (FERC) plans to examine the resale of firm natural gas transportation rights, often referred to as the secondary market. The current regulatory structure, which provides for "capacity release" through an electronic bulletin board (EBB), was born in November 1993. How would this secondary market behave under different regulatory or market assumptions?

H.J. "Jim" Mellen, Jr. was named CEO of MDU Resources Group Inc. He will retain his current position as president. Mellen replaced John A. Schuchart, who will continue as chairman of the board.

Robert Anderson, Montana Public Service Commission member, was elected 104th president of the National Association of Regulatory Utility Commissioners. Edward H. Salmon, member of the New Jersey Board of Public Utilities, was elected first v.p.