FERC'S NEW CHAIRMAN

Martin Allday, the Federal Energy Regulatory Commission's new chairman, intends to continue a steady push toward making the U.S. gas industry more competitive. But where Allday will differ from his predecessor, Martha Hesse, who left FERC to join a Chicago bank, is that he will be trying to achieve the same goal in a more casual way. That's not really a reaction to Hesse's hard-nosed style. That's just the way Allday is. Hesse held FERC's helm so tightly that some

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