ferc issues nopr intra day recalls released capacity ngi daily gas price index published october 17 2001 ferc issues nopr intra day recalls released capacity given inability natural gas standards setting organization resolve issue intra day recalls released transportation capacity ferc issued notice proposed rulemaking nopr would give releasing shippers flexibility nominate recalled capacity next scheduling opportunity provided interstate pipeline existing gas industry standards board gisb standards require shipper wants nominate recalled capacity notify transportation provider later 8 central clock time cct nomination day latest bars partial day recalls capacity ferc proposes allow shippers recall capacity nominate recalled capacity three intra day nomination opportunities enabling releasing shippers recall renominate capacity quickly greater incentive release capacity providing capacity purchasers alternative purchasing pipeline interruptible service time proposal provide replacement shippers whose capacity recalled advance notice protection bumping provided interruptible shippers commission regulations nopr said rm 96 1 019 existing gisb standards applying capacity release recalls adopted 1996 one nomination per day 11 30 cct single non standardized intra day nomination noted circumstances recall standards developed markedly changed number nomination opportunities expanded four nomination opportunities given lack consensus supporting gisb existing recall standards standards setting group failure settle issue commission forced resolve policy question regarding partial day recalls nopr said permitting partial day recalls released capacity commission concluded keeping overall regulatory changes enacted order 637 natural gas supply association ngsa represents major producers houston based dynegy let ferc know big fans partial day recalls could undermine system reliability contend shutting production increasing scheduling problems overruns penalties operational flow orders commission discounted arguments use partial day recalls create additional scheduling problems since recalls scheduled according existing scheduling requirements effect releasing shippers using partial day recalls creating another form interruptible transportation compete pipeline interruptible capacity shippers purchasing recallable capacity subject scheduling rules apply interruptible transportation partial day recalls likely result shut production interruptible transactions subject bumped current standards nopr noted