Behind

Testifying before the U.S. House Transportation and Infrastructure Subcommittee on Highways and Transit on behalf of the Interstate Natural Gas Association of America (INGAA), William J. Haener, executive vice president of natural gas for CMS Energy Corp., said that the interstate natural gas pipeline industry supports the development of a gas pipeline integrity rule but recommends longer time frames for inspection intervals. The congressional subcommittee is currently considering gas pipeline safety re-authorization legislation.

Testifying before the U.S. House Transportation and Infrastructure Subcommittee on Highways and Transit on behalf of the Interstate Natural Gas Association of America (INGAA), William J. Haener, executive vice president of natural gas for CMS Energy Corp., said that the interstate natural gas pipeline industry supports the development of a gas pipeline integrity rule but recommends longer time frames for inspection intervals. The congressional subcommittee is currently considering gas pipeline safety re-authorization legislation.

Offshore producers have united behind Shell Offshore Inc. in its complaint against Williams subsidiaries Transcontinental Gas Pipe Line, Williams Field Services (WFS) and Williams Gas Processing (WGP) for exerting monopoly power in the rates, terms and conditions offered to shippers on the Williams gathering lines tapping North Padre Island in the Gulf of Mexico (RP02-99).

Offshore producers have united behind Shell Offshore Inc. in its complaint against Williams subsidiaries Transcontinental Gas Pipe Line, Williams Field Services (WFS) and Williams Gas Processing (WGP) for exerting monopoly power in the rates, terms and conditions offered to shippers on the Williams gathering lines tapping North Padre Island in the Gulf of Mexico (RP02-99).

TradeSpark has proven it is not being left behind in the energy e-commerce battle with EnronOnline and IntercontinentalExchange (ICE). The electronic trading company reported that its energy trading marketplace, which is powered by eSpeed technology, has transacted $100 billion (notional value) in energy products since its launch in October 2000. The phenomenal growth is similar to that seen by EnronOnline in its first year of trading in 2000.

TradeSpark has proven it is not being left behind in the energy e-commerce battle with EnronOnline and IntercontinentalExchange (ICE). TradeSpark reported that its energy trading marketplace, which is powered by eSpeed technology, has transacted $100 billion (notional value) in energy products since its launch in October 2000. The phenomenal growth is similar to that seen by EnronOnline in its first year of trading in 2000.

BP Exploration (Alaska) Inc., the second largest energy company in Alaska behind Phillips Petroleum Corp., said last week it would shake up its Alaska business unit, with among other things, a plan to install a new president in September. Richard Campbell, president since January 1997, will retire Sept. 30.

Culminating a three-month, behind-closed-doors effort, the Bush administration’s energy task force last week issued its much-anticipated report in which it mapped out a long-term strategy to bolster the nation’s sagging energy infrastructure, promote conservation and efficiency efforts, accelerate siting of transmission and open more public lands to producers to head off a worsening “storm cloud on the horizon.” The report sets the “tone” for the entire federal government on energy policy, telling it this is “the” issue on which to focus.

Culminating a three-month, behind-closed-doors effort, the Bush administration’s energy task force today will issue its much-anticipated report in which it will map out a long-term strategy to bolster the nation’s sagging energy infrastructure, promote conservation and efficiency efforts, accelerate siting of transmission and open more public lands to producers to head off a worsening “storm cloud on the horizon.” The report will set the “tone” for the entire federal government on energy policy, telling it this is “the” issue on which attention should be focused.