As the Senate took up the proposed Stop Excessive Energy Speculation Act of 2008 (S. 3268) Tuesday, an Interagency Task Force on Commodity Markets, chaired by the Commodity Futures Trading Commission (CFTC), released an interim staff report that found fundamental supply and demand factors are largely the cause of escalating oil prices in the futures market.
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TransCanada Accepting STFT Bids
TransCanada has posted short-term firm transportation servicefor November 2000 through March 2001, and is accepting bids through3 p.m. MDT today. Because TransCanada does not yet have NationalEnergy Board-approved tolls beyond the end of 2000, all of the bidsfor capacity may be adjusted for bids that extend beyond Jan. 1.
August 31, 2000
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