Appears

Now that the repeal of the Public Utility Holding Company Act (PUHCA) appears more likely, CreditSights analysts have updated a list of U.S. utilities they consider top takeover candidates, again using criteria that the well heeled Oracle of Omaha, Warren Buffet, could use.

Future oil production from the Gulf of Mexico (GOM) appears bright, and while natural gas production from the shallow waters is declining at an alarming rate, deepwater finds may hold great promise for new reserves, the regional director of the Minerals Management Service (MMS) told a Houston audience last week.

Future oil production from the Gulf of Mexico (GOM) appears bright, and while natural gas production from the shallow waters is declining at an alarming rate, deepwater finds may hold great promise for new reserves, the regional director of the Minerals Management Service (MMS) told a Houston audience this week.

Available natural gas capacity in the Lower 48 states this year appears “sufficient” to meet the level of demand, but the relatively narrow margin of surplus capacity may be limited if there are “sudden” increases or drops in either production or demand, thus setting up the potential for short-term price hikes, according to a report by the Energy Information Administration (EIA).

Available natural gas capacity in the Lower 48 states this year appears “sufficient” to meet the level of demand, but the relatively narrow margin of surplus capacity may be limited if there are “sudden” increases or drops in either production or demand, thus setting up the potential for short-term price hikes, according to a report by the Energy Information Administration (EIA).

It appears that most of the Lower 48 states will not be reaching for their flip-flops and suntan lotion anytime soon as a number of weather forcasting agencies are calling for winter weather to go on, and on, and on. While pointing out that the storm now approaching the East will not be as fierce as the President’s Day “city storm,” Salomon Smith Barney meteorologist Jon Davis warned “WINTER IS NOT OVER!”

After weathering the extended cold chill over the second half of January, it appears that at least part of the country is not out of the woods yet as another cold front is bearing down in some areas of the East. The National Weather Service’s 8-14 day outlook as of Feb. 7 called for normal to below normal temperatures across the East and Midwest, while the Southwest is expected to register above normal temps.

After weathering the extended cold chill over the second half of January, it appears that at least part of the country is not out of the woods yet as another cold front is bearing down in some areas of the East. The National Weather Service’s 8-14 day outlook called for normal to below normal temperatures across the entire country, except for Florida, which is expected to enjoy above normal readings.

Although KeySpan’s Connecticut-to-New York Islander East Pipeline project appears to have passed final environmental muster at FERC this week, agency staff conceded there is an “environmentally preferable” system alternative to the proposed pipeline.