Allows

FERC has crossed the “threshold” of concluding that the existing Order 888 allows for undue discrimination in transmission service and that there is a need for the Commission to act, FERC Chairman Joseph Kelliher told an American Public Power Association (APPA) legislative rally held in Washington, DC, last Wednesday.

Northeast senators by a two-to-one margin Thursday overcame a procedural budget hurdle that allows for $1 billion in funds that were to be allocated to aid low-income energy customers in fiscal year 2007 to be transferred to the current fiscal year.

While the Energy Information Administration’s (EIA) natural gas storage report came in near consensus estimates, the 61 Bcf withdrawal for the week ended Dec. 10 was less than half of the 134 Bcf that was withdrawn during the same week last year.

Vectren Corp. said it reached a settlement agreement with several parties in Indiana that will allow the company to request a $24 million increase in Vectren North’s (formerly Indiana Gas Co.) base gas distribution rates, which is about half of what the utility originally planned to request.

Vectren Corp. said it reached a settlement agreement with several parties in Indiana that will allow the company to request a $24 million increase in Vectren North’s (formerly Indiana Gas Co.) base gas distribution rates, which is about half of what the utility originally planned to request.

FERC Commissioner Suedeen Kelly, whose confirmation for a second term on the Commission has been bogged down in Capitol Hill politics, was tossed a life preserver when House and Senate lawmakers decided to return after the elections for a lame duck session in mid-November.

FERC Commissioner Suedeen Kelly, whose confirmation for a second term on the Commission has been bogged down in Capitol Hill politics, was tossed a life preserver when House and Senate lawmakers decided to return after the elections for a lame duck session in mid-November.

Arizona’s regulatory commission last week pre-approved Arizona Public Service’s (APS) request to get close to half of its future natural gas supplies from the proposed Kinder Morgan Silver Canyon interstate transmission pipeline, which will bring gas from New Mexico’s San Juan Basin and from the northern Rockies via a connection with TransColorado Gas Transmission.

Confused as to what path Hurricane Ivan will take following a number of revised forecasts, October natural gas futures traded tentatively for a majority of the shortened regular session, before taking a significant step lower towards settlement. Futures hit a low on the day of $4.54, a level unseen since November 2003, before settling at $4.57, down 8.8 cents.