Mark/Barry--- I finally had a chance to look this week at the Colorado PUC proposed rulemaking amendments regarding price risk management (PRM) for gas utilities.
As we had generally talked about, the appetite for meaningful change to the PUCs rules has been pretty weak by staff and to a great extent by the Commissioners themselves.
These proposed rules reflect some movement toward encouraging utilties to implement PRM, but does NOT require them to implement, nor is there a clear statement that the PUC will allow recovery of costs.
Here's a short list of what's in the rules:

Colorado PRM