Senate Energy and Natural Resources Committee Chairman Ron Wyden (D-OR) and seven leading Senate Democrats have asked the Commodity Futures Trading Commission (CFTC) to follow through before the end of February on its agreement last month to share trading data with FERC.
Archive / Author
SubscribeEllen Beswick
Articles from Ellen Beswick
Propane Gas Shippers Ask FERC to Direct Emergency Shipments to Midwest and Northeast
To avoid critical shortages by the end of February, propane gas shippers have asked FERC for an emergency order to allow, or if necessary direct, Enterprise TE Products Pipeline Co. LLC to temporarily provide priority treatment to propane shipments from Mont Belvieu, TX.
Propane Shippers Request Emergency FERC Order Directing Shipments to Midwest and Northeast
Citing “dangerously low” propane supplies throughout the country, but particularly in the Midwest and Northeast, the National Propane Gas Association (NPGA) has asked FERC for an emergency order to allow, or if necessary direct, Enterprise TE Products Pipeline Company LLC to temporarily provide priority treatment to propane shipments from Mont Belvieu, TX.
Columbia Gas Seeks Bids for February Gas
Columbia Gas Transmission added Friday (Jan. 24) to its continuing list (Jan. 21-23) of transport and storage critical days for portions of its Ohio and Pennsylvania marketing areas. In connection with the current storm sweeping the East, Columbia also is enforcing “specialized receipt required” at the Cecil, Paulding and Lebanon pipeline interconnects, the pipeline company reported on its electronic bulletin board.
FERC Rejects Portland Gas Transmission’s Creditworthiness Provision
FERC rejected tariff filings by Portland Natural Gas Transmission System (PNGTS) that would have restructured its creditworthiness and financial assurances provisions using a higher present value (PV) calculation than the Northeast pipeline uses in other parts of its tariff.
Federal Reserve Pursues Question of Banks in Commodity Markets
Citing disasters involving commodities, from the Macondo oil spill in the Gulf of Mexico to recent crude oil tanker train crashes to the Three Mile Island nuclear leak in 1979, the Federal Reserve Board on Tuesday said it was re-examining the risk involved in the physical commodity activity of financial holding companies (FHC). The banking agency issued an advance notice of proposed rulemaking seeking comment on how to limit risk.
PGC’s Wiggins to Take Top Post at NGSA
Dena E. Wiggins, a veteran proponent of natural gas industrial customers, is moving over to serve producers as president and CEO of the Natural Gas Supply Association (NGSA). Wiggins was elected by the NGSA board of directors recently and will join NGSA in late February.
Landrieu (D-LA) and Murkowski (R-AK) Likely to be Running Senate Energy Committee
Never mind leveling it; somebody just upset the playing field for national energy legislation in the next two years.
FERC Rejects Gulf South Plea to Abandon 25% of its System
FERC on Thursday agreed with protesting shippers and soundly rejected a proposal by Gulf South Pipeline Co. LP to abandon nearly 2,000 miles, or about 25%, of its 7,241-mile system, selling pipeline segments and auxiliary facilities in Texas, Louisiana and Mississippi to affiliated non-jurisdictional intrastates.
Wetjen to Serve as Interim CFTC Chairman
His fellow commissioners Monday elected Commissioner Mark P. Wetjen to serve as interim chairman of the U.S. Commodity Futures Trading Commission (CFTC) upon termination of Chairman Gary Gensler’s term at the end of the year.