Williston Basin Interstate Pipeline Co.

Second Revised Volume No. 1

Effective Date: 02/01/1997, Docket: RP97-215-000, Status: Effective

First Revised Sheet No. 331 First Revised Sheet No. 331 : Effective

Superseding: Original Sheet No. 331

GENERAL TERMS AND CONDITIONS (Continued)

38. FUEL REIMBURSEMENT ADJUSTMENT PROVISION (Continued)

reimbursed in-kind will be valued at

Transporter's actual system average cost of

gas during the month.

38.6.2.3 Transporter shall determine the monthly

gathering deferral cost amounts by taking the

difference between the dollar amounts derived

in Subsections 38.6.2.1 and 38.6.2.2 herein,

and the resulting amounts shall be reflected

in Transporter's gathering current deferral

subaccount.

38.6.2.4 Transporter shall determine the monthly change

in deferral associated with Gathering Company

Use and Lost and Unaccounted For gas by

debiting the gathering current deferral

account in the event the current month actual

Gathering Company Use and Lost and Unaccounted

For gas costs exceed the total value of

Gathering Company Use and Lost and Unaccounted

For gas Transporter received in-kind and in-

dollars from gathering service, or credit the

gathering current deferral account in the

event the current month actual Gathering

Company Use and Lost and Unaccounted For gas

costs are less than the total value

Transporter received in-kind and in-dollars

for Gathering Company Use and Lost and

Unaccounted For gas from gathering service.

38.6.3 Transporter will assess carrying charges on the Account

No. 182.3, Unrecovered Fuel Reimbursement Account-

Gathering carrying charge base. The carrying charge

shall be the product of Subsections 38.6.3.1 and

38.6.3.2 below:

38.6.3.1 The carrying charge base shall be the prior

month's balance in the Unrecovered Fuel

Reimbursement Account-Gathering, net of

applicable deferred income taxes and an

adjustment necessary to effectuate quarterly

compounding of carrying charges.