OIL & GAS: Battle for New England

OIL & GAS

The U.S. natural gas pipeline industry is a lusty, brawling infant whose two major operators, Tennessee Gas Transmission Co. and Texas Eastern Transmission Corp., sprang up from nothing within the past decade. For the last three years, these two quick-grown giants have fought each other for control of New England, the biggest untapped market. Last week, before the Federal Power Commission in Washington, their battle reached a crucial round.

Grudge Fight. Up to last week, Tennessee Gas's hard-fighting President H. Gardiner Symonds, 49, had won the edge in what for him...

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