Maryland Sen. Barbara A. Mikulski has denounced FERC’s post-Sept. 11 attack decision to allow Williams to proceed with the planned reactivation of its Cove Point liquefied natural gas (LNG) import terminal in Lusby, MD, because, she says, it would permit “flammable” LNG to be imported to a site within four miles of a nuclear plant in the state.
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OPS Says Pipeline Post-Attack Preparedness Was ‘Very Good’
The Department of Transportation’s Office of Pipeline Safety (OPS) moved quickly into a “response mode” following the Sept. 11 terrorist strikes, contacting pipeline companies to determine the level of preparedness within the industry, said a top OPS official last week. In the end, it was judged to be “very good.”
OPS Says Pipeline Post-Attack Preparedness Was ‘Very Good’
The Department of Transportation’s Office of Pipeline Safety (OPS) quickly moved into a “response mode” following the Sept. 11 terrorist strikes, contacting pipeline companies to determine the level of preparedness within the industry, said a top OPS official. In the end, it was judged to be “very good.”
Senate Republicans Clamor for ‘Altered’ Post-Attack Energy Bill
It appears that a comprehensive Senate energy bill may be the latest casualty of the Sept. 11 terrorist attacks. Nine Republican members of the Senate Energy and Natural Resources Committee have called on Chairman Jeff Bingaman (D-NM) to scale back the legislation to focus on those energy measures that enjoy bipartisan support and can be easily passed during this session.
Enron, Dynegy, ICE Resume Trading; Nymex Remains Down
The New York Mercantile Exchange (Nymex) said it has electricity, and it plans to resume futures trading operations as soon as its building, which is in close proximity to the World Trade Center in New York City, is safely accessible. Nymex said it plans to clear any trades made on Sept. 11 against Sept. 10 settlement prices and will post these trades during the next trading session.
Abraham’s Claim of ‘Dangerous Dependency’ on Gas Assailed
Energy Secretary Spencer Abraham has come under attack from the energy sector for stating last week that the United States is “well on our way toward a dangerous dependency” on natural gas.
Abraham’s Claim of ‘Dangerous Dependency’ on Gas Assailed
Energy Secretary Spencer Abraham has come under attack from the energy sector for stating this week that the United States is “well on our way toward a dangerous dependency” on natural gas.
FERC Plan to Curb CA Prices Comes Under Attack
FERC “took a large step” forward last Wednesday by approving the much-anticipated market monitoring and mitigation plan for the out-of-control California energy market, but it didn’t go far enough, according to officials with Williams Companies, the New York Public Service Commission and Dynegy Corp. California lawmakers, however, were far more blunt in their assessments.
FERC Plan to Curb CA Prices Comes Under Attack
While the power industry has tended to be fairly civil so far in its criticism of FERC’s plan to mitigate prices on real-time transactions in California during emergencies, lawmakers representing the state are letting the Commission have it with both barrels.
States Want to See Quicker, More Forceful FERC
FERC came under heavy attack on Capitol Hill last week from state energy officials for dragging its heels in issuing decisions, not aggressively monitoring bulk power markets for abuses, and for not checking more thoroughly to see whether competition was present in electric markets before it removed price regulation.