Columbia Expands Retail Choice Program in VA

The Virginia State Corporation Commission (SCC) authorized Columbia Gas of Virginia to expand its customer choice program across its entire service territory over the next several weeks. Under the expansion, Columbia will give 200,000 retail sales customers the opportunity to choose their gas supplier.

July 8, 2002

Industry Briefs

Denver-based Gasco Energy Inc. announced that its board of directors have authorized the purchase of approximately $250,000 of the company’s common shares. The company said it will use working capital if purchases of the common shares are made in the open market. The program has an indefinite life, could be stopped without further notice, or expanded to suit the company’s financial goals and strategies. “The purchase of our stock in the public market is a strong indicator that we believe in our operations and technical people,” said CEO Mark Erickson. “During this difficult period in our nation’s history, it is important for investors to stand tall against the tyranny and remain steadfast with their investments. The stock buy-back program will have no effect on our capital program drilling for natural gas in the Rocky Mountains.” Gasco Energy is a natural gas and oil exploration and development company that focuses on gas rich prospects in the Rocky Mountain area of the United States.

September 24, 2001

CPUC Okays Additional $1.4 Bil Debt for PG&E

Pacific Gas and Electric Co. was authorized by state regulatorsThursday to borrow an additional $1.4 billion in short-term debt tocover under-collections caused by wholesale power prices exceedingfrozen retail rates the utility is allowed to charge itselectricity customers under the state’s restructuring program.

October 23, 2000

FERC to Probe Power Price Volatility, Reliability

While many might say it’s long overdue, FERC last weekauthorized its staff to undertake a “fact-finding investigation”into the wild price volatility and reliability problems that havegripped the bulk power markets over the past couple of summers.

July 31, 2000

FERC to Probe Electric Pricing, Reliability

While some might say it’s long overdue, FERC yesterdayauthorized its staff to undertake a “fact-finding investigation”into conditions in the bulk power markets to determine the reasonsfor the wild price volatility and reliability problems that havegripped the market during the past couple of summers.

July 27, 2000

Transportation Notes

Citing cold weather and operational conditions, MRT issued anOFO Wednesday. All IT and AOR (Authorized Overrun) volumes flowingnorth of the Glendale (AR) Station on the Main Line wereinterrupted. Affected customers should re-source their Main Linesupplies to the East Line or take their Main Line IT and/or AORreceipts to zero, MRT said.

January 20, 2000

Transportation Notes

Westcoast took its McMahon Plant off-line at midafternoon Sundayfor unplanned repairs to the inlet facility. Authorized volumes forSunday’s gas day were cut in half. A force majeure declaration forMcMahon was lifted early Monday morning.

July 20, 1999

PG&E GT-NW Authorized to Eliminate Stanfield Bottleneck

FERC has approved a $6 million expansion of Pacific GasTransmission Northwest’s (PG&E GT-NW) system that will increasecapacity between Kingsgate, BC, and Stanfield, OR, by 56,000 Dth/dand provide additional systemwide winter capacity of 20,000 Dth/d.

September 4, 1998
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