Energy Markets:

FERC Chairman Kelliher seeks to mend fences with Congress, lays out agenda

As energy bill conferees move towards a final bill, the new chairman of the Federal Energy Regulatory Commission says the agency will be heavily involved in helping Congress finish the long-stalled legislation. Joe Kelliher, who replaced former chairman Pat Wood last month, says he wants to improve the relationship between FERC and members of Congress. Plus, Kelliher explains why FERC officials should have final say in approving utility industry mergers, and how commissioners will make sure the Enron debacle never happens again.