Confirming previous assumptions developed over the past number of weeks, the National Oceanic and Atmospheric Administration’s (NOAA) Climate Prediction Center announced late last week the official return of La Nina. The periodic cooling of ocean waters in the east-central equatorial Pacific favors increased Atlantic hurricane activity and can impact the typical alignment of weather patterns around the globe.
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Rating Agencies Focus on Regulation, Conservative Price Assumptions
Even with the continuing volatile wholesale energy prices, Wall Street rating agencies have come full circle in the past five years, focusing on broad regulation trends and conservative price criteria in assessing energy holding companies and their utility subsidiaries, according to Standard & Poor’s Ratings Services’ San Francisco-based energy industry analyst Swami Venkataraman.
January 24, 2005
Fiery Debate Over LNG Risks Continues
The use of so-called “conservative assumptions” in the study done for FERC on LNG tanker safety has resulted in “unrealistic potential consequences that may unduly alarm the public,” the Center for Liquefied Natural Gas (CLNG) said last week.
June 3, 2004
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