The Electric Power Supply Association (EPSA), which representsindependent power producers, told FERC yesterday that proposedattempts to temporarily halt market-based pricing in New York’spower market this summer — through administrative rates, pricescreens or price caps — should be rejected.
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People Shortage Could Fuel Natural Gas Shortage
Calling a natural gas shortage in the coming year “a very realpossibility,” Dr. Bruce M. Bell, chairman of the Mid-Continent Oil& Gas Association of Oklahoma said there is an “urgent need”for increased drilling activity, particularly in Oklahoma. But toincrease the drilling activity you need more people, and thatshortage is directly related to the natural gas shortage. Sort oflike a Catch 22.
Slight Movement Seen as Prices Lose Direction
Neither the American Gas Association (AGA) storage report of a25 Bcf withdrawal nor a supportive morning futures screen couldlift cash prices yesterday, as most points stayed within a coupleof pennies on either side of flat.
IPAA Suing Interior Over Oil Royalty Rule
The Independent Petroleum Association of America is suing theU.S. Department of the Interior to challenge its new oil royaltyvaluation regulation. The regulation creates new methods of valuingroyalties on oil from federal leases and takes effect June 1.
NEM Fighting New York Energy Tax
While it might think the April Fool’s date is appropriate forNew York to impose a new energy tax, the National Energy MarketersAssociation (NEM) still opposes the plan. “On April 1, 2000, NewYork will impose a new tax on natural gas and electricitytransportation. This new tax will severely limit furtherdevelopment of energy competition,” said NEM President CraigGoodman.
INGAA Downsizes Amid Bustling Merger Activity
The stepped-up merger frenzy of gas pipeline companies has takenits toll on the Interstate Natural Gas Association of America(INGAA), which announced Friday it was downsizing its staff inresponse to its loss of members and dues.
INGAA Downsizes Amid Merger Activity
The stepped-up merger frenzy of gas pipeline companies has takenits toll on the Interstate Natural Gas Association of America(INGAA), which announced Friday it was downsizing its staff inresponse to its loss of members and dues.
Producers Attack Bradley’s Plan to Cut Tax Breaks
The Independent Petroleum Association of America came outstrongly against a tax proposal presented earlier this week byDemocratic presidential candidate Bill Bradley that would do awaywith several loopholes currently benefiting oil and gas producers.
Producers Blast Bradley’s Plan to Cut Tax Breaks
The Independent Petroleum Association of America came outstrongly against a proposal presented earlier this week byDemocratic presidential candidate Bill Bradley that would do awaywith several tax loopholes currently benefiting oil and gasproducers.
FERC Should Concede Defeat On Hinshaw Issue
The National Association of Regulatory Utility Commissioners(NARUC) and Wyoming and Colorado regulators last week urged theFERC majority to throw in the towel in its effort to re-cast itsauthority as it relates to the Hinshaw amendment.