Basis

The widely held belief that speculators in the futures market were behind the sharp run-up in natural gas prices over the past year has no basis in fact, said Commissioner Sharon Brown-Hruska of the Commodity Futures Trading Commission (CFTC) last Tuesday.

The widely held belief that speculators in the futures market were behind the sharp run-up in natural gas prices over the past year has no basis in fact, said Commissioner Sharon Brown-Hruska of the Commodity Futures Trading Commission (CFTC) Tuesday.

Admittedly on a limited basis at the beginning, American Honda Motor Co., Inc., offered Californian’s a chance at a version of “energy independence,” sending out its first retail version of the natural gas-powered Civic GX sedan, combined with a new home-refueling appliance the car maker is calling “Phill” (as in “phill-er up”).

Admittedly on a limited basis at the beginning, American Honda Motor Co., Inc., offered Californian’s a chance at a version of “energy independence,” sending out its first retail version of the natural gas-powered Civic GX sedan, combined with a new home-refueling appliance the car maker is calling “Phill” (as in “phill-er up”).

The city of Detroit is seeking bids for delivery of 6 Bcf of natural gas on an annual basis to the citygate of MichCon Gas Co., one of the nation’s largest distributors and subsidiary of DTE Energy Co.

The city of Detroit is seeking bids for delivery of 6 Bcf of natural gas on an annual basis to the citygate of MichCon Gas Co., one of the nation’s largest distributors and subsidiary of DTE Energy Co.

In effect on an interim basis since Feb. 26, Washington Gas Light Co.’s (WGL) new rates will go through a public hearing on Sept. 15 where it will be decided whether the rates are just, according to the Virginia State Corporation Commission (SCC). By law, interim rates can become effective, subject to refund, while the SCC fully investigates the reasonableness of the request.

After completing preliminary environmental assessment work on a staff-to-staff basis with federal regulators, Mitsubishi Corp.’s California-based liquefied natural gas (LNG) development company, Sound Energy Solutions (SES), is set to file a formal application later this month with the Federal Energy Regulatory Commission. A City of Long Beach Energy Department official confirmed that the port city is still backing the proposal, assuming it can meet all safety and environmental standards.

After completing preliminary environmental assessment work on a staff-to-staff basis with federal regulators, Mitsubishi Corp.’s California-based liquefied natural gas (LNG) development company, Sound Energy Solutions (SES), is set to file a formal application later this month with the Federal Energy Regulatory Commission. A City of Long Beach Energy Department official confirmed that the port city is still backing the proposal, assuming it can meet all safety and environmental standards.