2003

The Federal Energy Regulatory Commission on Tuesday approved an imbalance cash-out report of Midwestern Gas Transmission Co. for the period of September 2003 through August 2004.

Cash prices were up across the board Monday but posted small gains of generally less than a dime in the Gulf Coast and Midcontinent producing areas with larger increases in the market areas. Western locations posted gains of about 10-12 cents on average.

Cash prices were up across the board Monday but posted small gains of generally less than a dime in the Gulf Coast and Midcontinent producing areas with larger increases in the market areas. Western locations posted gains of about 10-12 cents on average.

The U.S. Census Bureau released data Tuesday showing that 57% of U.S. homes (62 million) used natural gas as a heating fuel in 2003. The second most popular home heating source was electricity, used by 31% of U.S. homes (33.9 million). According to the survey, the states with some of the highest percentages of households using gas to heat their homes were Utah (88.5%), Michigan (86.9%), Illinois (86.7%), Iowa (82.3%) and Colorado (80.2%). States having warmer climates were more likely to use electricity. More than 35% of the nation’s households using electricity were concentrated in just three states: Florida, Texas and California, the survey said.

The U.S. Census Bureau released data Tuesday showing that 57% of U.S. homes (62 million) used natural gas as a heating fuel in 2003. The second most popular home heating source was electricity, used by 31% of U.S. homes (33.9 million). According to the survey, the states with some of the highest percentages of households using gas to heat their homes were Utah (88.5%), Michigan (86.9%), Illinois (86.7%), Iowa (82.3%) and Colorado (80.2%). States having warmer climates were more likely to use electricity. More than 35% of the nation’s households using electricity were concentrated in just three states: Florida, Texas and California, the survey said.

Just days away from the one-year anniversary of the historic Aug. 14, 2003 blackout, U.S. Sen. Charles Schumer (D-NY) last week called for the creation of a new federal agency with the authority to develop and enforce reliability standards for the grid. He also released a new report that he says shows that the electricity grid remains exposed to further blackouts.

A 2003 bet of C$80-100 million (US$60-75 million) that TransCanada PipeLines’ entry will win the northern pipeline race is starting to make the nation’s top natural gas transporter nervous.

A 2003 bet of C$80 million to $100 million (US$60 million to $75 million) that TransCanada PipeLines’ entry will win the northern pipeline race is starting to make the nation’s top natural gas transporter nervous.

Dominion Resources and Statoil ASA announced last Monday they have signed a 20-year agreement that gives Statoil access to increased capacity at the Dominion Cove Point liquefied natural gas plant (LNG) located on the Chesapeake Bay in eastern Maryland.