The Rockies Express Pipeline (REX) will give producers an avenue to carry natural gas supplies to eastern markets, but Questar Corp. CEO Keith Rattie said his company will remain “cautious” about basis prices in the region over the next few years –at least until another pipeline is built.
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Questar CEO: REX-West Won’t Solve Rockies Basis Problem
The Rockies Express Pipeline (REX) will give producers an avenue to carry natural gas supplies to eastern markets, but Questar Corp. CEO Keith Rattie said Tuesday his company will remain “cautious” about basis prices in the region over the next few years –at least until another pipeline is built.
PG&E Sues to Recover $3 Billion
Exploring yet another legal avenue, Pacific Gas and Electric Co.Wednesday filed in San Francisco’s federal district court askingfor a judicial ruling that will mandate that it can recover all ofthe nearly $3 billion in uncollected wholesale electricity coststhat have been mounting since May when price spikes in Califonia’smarket left the state’s major investor-owned utilities vulnerablebecause their retail power rates are frozen at 1996 levels.