In their swift snaking across the U.S., natural-gas pipelines have yet to tap New England. With estimated sales prospects of $125 million a year, two huge utility combines last week began a fight for that huge market.
In hearings before the Federal Power Commission, lawyers pressed the case of H. Gardiner Symonds, whose Tennessee Gas Transmission Co. is one of the biggest U.S. pipeline operators. Symonds wanted FPC permission to spend $118 million in an expansion that would extend his 1,600-mile Texas-to-Buffalo pipeline to the New
England border. His newly formed subsidiary, Northeastern...