Senate Energy Committee Chairman Frank Murkowski (R-AK) saidyesterday there will be a third mark-up session on electriccompetition legislation on June 7. About 30 amendments have beensubmitted for mark-up so far. “We will have staff work to pare downthe number of amendments, and I will meet personally with Sen.[Jeff] Bingaman and staff to come to grips with the concerns.”Bingaman (D-NM) is ranking minority member of the committee.Murkowski cited the extent of federal jurisdiction vs. statejurisdiction as the main difference among committee members.”Secondary issues are things like benefit funds, renewable mandatesand nuclear decommissioning…..” He urged committee members tocome to terms with the idea of a comprehensive electric bill,adding “I’m not going to be the one who kills a comprehensivebill.”

An almost-ready-for-prime time energy trading B2B website got aboost Wednesday by entering into a long-term licensing agreement tosecure software to power the system. Energy broker InternationalEnergy Partners LLC will use Cynet Interactive’s ADC2000 engine topower its NRGLINE.com energy trading site, set to launch in June.Initially, NRGLINE.com will provide four interactive “trading pits”that will cover every major trading area in the continental UnitedStates including Houston, Texas City, Beaumont, New Orleans,Chicago, the Midwest, New York, Los Angeles and San Francisco.Products will including refined petroleum, refinery feed andblendstocks, natural gas liquids and commodity petrochemicals.Soon, the company plans to expand into the natural gas and crudeoil markets through either a merger or strategic alliance.

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