Prepared direct testimony and exhibits of George R Schink on behalf of Olympic Pipe Line Co under IS03-218.

Jnofflclal FERC-Generated P D F o f 20030714-0225 Received by FERC OSEC 07/11/2003 in D o c k e t # : IS03-218-000 ORIGINAL ~'.sf t" UNITED STATES OF AMERICA 0,9 . " .:~ BEFORE THE ~ "~ ":.~,~'~, FEDERAL ENERGY REGULATORY COMMISSION 'e~,~ / / ~.~ _. /o m Olympic PzpeLine Company ) DocketNo. IS03-218-000 "~._ d PREPARED DIRECT TESTIMONY l A N D EXHIBITS OF GEORGE R. SCHINK O N BEHALF OF OLYMPIC PIPE LINE COMPANY I Douglas W. Johnson Lawrence A. Miller BP PIPELINES (NORTH AMERICA) INC. Lorrie M. Marcil 801 Warrenville Road, Suite 7069 SIDLEY AUSTIN BROWN & WOOD LLP Lisle, IL 60532 1501 K Street, N.W. m Washington, DC 20005 William H. Beaver (202) 736-8000 KARR TUTTLE CAMPBELL e 1201 Third Avenue, Suite 2900 Seattle, WA 98101 Arthur W. Harrigan, Jr. DANIELSON HARRIGAN LEYH & TOLLEFSON LLP 999 Third Avenue, Suite 4400 Seattle, WA 98104 Attorneys for Olympic Pipe Line Company July 10, 2003 m Jnofflclal FERC-Generated P D F o f 20030714-0225 Received by FERC OSEC 07/11/2003 in D o c k e t # : IS03-218-000 I Ill EXHIBIT NO. OPL-8 m UNITED STATES OF AMERICA BEFORE THE g FEDERAL ENERGY REGULATORY COMMISSION at In the Matter o f i Olympic Pipe Line Company. Docket No. IS03-218-000 I Prepared Direct Testimony of DR. GEORGE R. SCHINK at 1 !. Introduction III 2 Q. Please state your name, business address, and business title for the record. 3 A. My name is George R. Schink. My business address is 1725 Eye Street, NW, Suite 800, m 4 Washington, D.C. 20006. I am a director ofLECG, LLC, an international economic and 5 financial consulting firm. all Q. Please summarize your academic and professional background. O 7 A. I was awarded a B.S. in Economics from the University of Wisconsin in Madison in m 8 1964, and a Ph.D. in Economics at the University o f Pennsylvania in 1971. I was a g 9 lecturer in the Department o f Economics at the University o f Maryland in 1968-1971, 10 teaching various courses in economics, mathematics and econometrics, and also serving II as a visiting lecturer on economics at the University o f Pennsylvania in 1973. I have also g 12 been a Research Fellow of the University o f Pennsylvania's Economic Research Unit on i J Jnofflclal FERC-Generated P D F o f 20030714-0225 Received by FERC OSEC 07/11/2003 in D o c k e t # : IS03-218-000 41B 32 ii. Purpose and Summary of Testimony I 33 Q. What is the purpose o f your testimony?. I 34 A. I have been asked by Olympic to ...