An Electrochemical model of metabolism is described that takes account
of a variety of metabolic phenomena observed in our laboratory. These
include a utilisation by hepatocytes of oxygen, substantially in exce
ss of ATP requirements; energy-dependence of the [lactate]/[pyruvate]
ratio; non-equilibrium behaviour of the components of the lactate dehy
drogenase reaction during ethanol oxidation, and linear relationships
between cellular potentials and metabolic fluxes. In the light of thes
e findings, we propose as an extension of the Mitchell chemiosmotic hy
pothesis, that metabolic pathways are under the control of opposing fa
r-from-equilibrium chemical and electrical forces that poise the pathw
ays in a balanced state of apparent equilibrium, allowing flux to be r
egulated by changes in the magnitude of cellular potentials.