FERC Friday exercised its new authority under the Energy Policy Act of 2005 (EPAct) that allows it to authorize market-based rates for storage services even if an applicant has market power.
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Black Bayou Proposes 14 Bcf Louisiana Salt Dome Storage Facility
Black Bayou LLC has filed an application with FERC for a certificate of public convenience and necessity that would authorize the company to construct, own, operate and maintain a salt dome natural gas storage facility in Cameron Parish in western Louisiana.
Black Bayou Proposes 14 Bcf Louisiana Salt Dome Storage Facility
Black Bayou LLC has filed an application with FERC for a certificate of public convenience and necessity that would authorize the company to construct, own, operate and maintain a salt dome natural gas storage facility in Cameron Parish in western Louisiana, company officials said Monday.
CPUC Approves Utility Gas Hedging Plans Winter
With one commissioner dissenting and another recusing himself, the California Public Utilities Commission (CPUC) Thursday voted 3-1 to authorize the confidential natural gas wholesale hedging plans of the state’s three major private-sector gas utilities for the coming winter season. The approval places all the costs and benefits of the programs on the utilities’ ratepayers who are the beneficiaries of the hedging, the CPUC said, although Commissioner Geoffrey Brown disagreed.
CPUC Approves Utility Natural Gas Hedging Plans for ’06-’07 Winter
With one commissioner dissenting and another recusing himself, the California Public Utilities Commission (CPUC) Thursday voted 3-1 to authorize the confidential natural gas wholesale hedging plans of the state’s three major private-sector gas utilities for the coming winter season. The approval places all the costs and benefits of the programs on the utilities’ ratepayers who are the beneficiaries of the hedging, the CPUC said, although Commissioner Geoffrey Brown disagreed.
Senate Panel Eyes ANWR, Possibly Expanded OCS Leasing in Budget Proposal
The Senate Energy and Natural Resources Committee has scheduled an Oct. 19 mark-up of a budget reconciliation package for fiscal year 2006 that would authorize exploration and production in the Arctic National Wildlife Refuge (ANWR).
Trunkline Seeks FERC OK to Start Additional LNG Deliveries July 20
The gasification function and the pipeline loop portions of its Lake Charles, LA, LNG operations expansion are ready to go, Trunkline LNG said in asking FERC to authorize start-up and an interim tariff by July 20 to process and sendout expected LNG deliveries at the import terminal.
Senate Approves $18B Loan Guarantee for Alaska Gas Pipeline, Energy Tax Credits
The Senate on Monday approved a proposal that would authorize the construction of a mega-natural gas pipeline from Alaska’s North Slope to the lower 48 states, and a sweeping corporate tax cut bill that contains a number of energy-related tax credits. Both bills were passed by the House and are expected to be signed by President Bush.
AGA Uges Bush to Authorize Emergency LIHEAP Funds
The American Gas Association (AGA) has called on President Bush to “release immediately” $300 million in emergency assistance to help pay the winter energy bills of low-income customers under the Low Income Home Energy Assistance Program (LIHEAP), and to support a minimum of $2 billion for the winter-assistance program in fiscal year 2003 when Congress returns in January.
AGA Uges Bush to Authorize Emergency LIHEAP Funds
The American Gas Association (AGA) has called on President Bush to “release immediately” $300 million in emergency assistance to help pay the winter energy bills of low-income customers under the Low Income Home Energy Assistance Program (LIHEAP), and to support a minimum of $2 billion for the winter-assistance program in fiscal year 2003 when Congress returns in January.