Basis

The chairman of the Senate Energy and Natural Resources Committee Monday urged Senate Majority Leader Harry Reid (D-NV) to use the committee’s proposed oil and natural drilling reforms as the basis for his narrower energy bill that is expected to be taken up this week.

With pipelines under way to move natural gas supplies in almost every direction, basis differentials that have “plagued” Rockies natural gas for so long are nearly gone, Williams CEO Steve Malcolm said last week.

With pipelines under way to move natural gas supplies in almost every direction, basis differentials that have “plagued” Rockies natural gas for so long are nearly gone, Williams CEO Steve Malcolm said Tuesday.

J.D. Power and Associates on Thursday released its rankings for natural gas utilities’ work satisfying business customers on a regional basis. Dividing the nation into four broad areas, Washington, DC’s Washington Gas Light, PSNC Energy in North Carolina, MidAmerican Energy Holdings Co. and Southwest Gas Corp. topped the lists in the East, South, Midwest and West regions, respectively.

FERC approved a revision to the Alliance Pipeline LP tariff allowing the pipeline to waive a gas quality specification on a first come, first served basis. This will allow Alliance to receive gas produced in association with oil production from Bakken play wells.

FERC approved a revision to the Alliance Pipeline LP tariff allowing the pipeline to waive a gas quality specification on a first come, first served basis. This will allow Alliance to receive gas produced in association with oil production from Bakken play wells.

FERC has been asked to approve on an expedited basis Bank of America’s proposed acquisition of Merrill Lynch & Co.’s energy trading and marketing arm as part of the planned $50 billion merger of the two banks.

Bank of America and Merrill Lynch & Co. have asked FERC to approve on an expedited basis the combination of their energy trading and marketing arms as part of the planned $50 billion merger of the banks.

Iroquois Gas Transmission System LP’s Tuesday urged FERC to issue an order on an expedited basis allowing it to start up phase one of its expansion to provide increased natural gas supplies to Long Island and New York City.