Plaintiffs’ attorneys seeking class action status for lawsuits that allege Virginia producers have unlawfully taken coalbed methane gas from landowners last week filed additional complaints against leading Virginia producers Consol Energy Inc., its CNX Gas Corp. and EQT Corp. This time the companies are alleged to have sold landowners’ gas at below-market prices and improperly deducted processing and transportation costs.
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Lawsuits Allege Royalty Underpayment in Virginia
Plaintiffs’ attorneys seeking class action status for lawsuits that allege Virginia producers have unlawfully taken coalbed methane gas from landowners Monday filed additional complaints against leading Virginia producers Consol Energy Inc., its CNX Gas Corp. and EQT Corp. This time the companies are alleged to have sold landowners’ gas at below-market prices and improperly deducted processing and transportation costs.
NGI The Weekly Gas Market Report
PG&E: Calpine Affiliates Violated FERC Market Behavior Rules
Pacific Gas and Electric Co. (PG&E) last Tuesday used a complaint filed with FERC to allege violations of the Commission’s market behavior rules by two generator affiliates of bankrupt Calpine Corp. — Delta Energy Center LLC and Los Esteros Critical Energy Facility LLC.
WA Utility, U.S. Senator Allege Enron Took $1.1 Billion Illegally
Calling for federal regulatory action, Sen. Maria Cantwell (D-WA) Monday joined a large public-sector utility, Snohomish County Public Utility District (PUD), in releasing new financial documents and audio tapes of past energy trading that they contend show that bankrupt Enron Corp. illegally cornered about $1.1 billion in profits from western ratepayers during the 2000-2001 wholesale energy market meltdown through the West.