|
|
|
In 1987, after the Federal Energy Regulatory Commission ordered the major interstate pipelines to open access to transportation, Panoak discovered that it could cut the cost of gas municipalities by 60% that was being charged by the pipeline companies. This discovery is what founded Panoak Gas Company and was formed to market and provide these small municipalities with with natural gas purchased from the major pipelines at market cost and then competing with the same pipeline companies using lower profit margins. Today Panoak Gas Company still provides these same services, but now markets its own natural gas that it produces on these same major pipelines and sells it big natural gas suppliers. Objectives
|
|
|