Bigger

Dominion, which already had some trading appetizers on thetable, is taking a bigger bite of the dotcom marketplace,announcing yesterday that its Dominion Energy Clearinghouse willoffer a one-stop shop customized for its wholesale customers toprice and buy energy commodities.

A higher rate of economic growth will lead to a greaterexpansion in natural gas use than previously forecast over the next20 years — to 34.7 Tcf/ year in 2020, up from 31.5 Tcf — and a10% increase in projected prices — from $2.81/Mcf to $3.13,according to the Energy Information Administration’s latest report.

A higher rate of economic growth will lead to a greaterexpansion in natural gas use than previously forecast over the next20 years — to 34.7 Tcf/ year in 2020, up from 31.5 Tcf — and a10% increase in projected prices — from $2.81/Mcf to $3.13,according to the Energy Information Administration’s latest report.

El Dorado, AR is about to become much bigger and brighter on themap. Dallas-based Panda Energy International has moved one stepcloser in the process of creating what will be the largest naturalgas-fired power plant in the country. Panda announced that it hassecured transportation to meet the plant’s daily natural gas needs.

Wednesday’s cash market gains got even bigger Thursday asfutures continued to lend support. Virtually all gains were about aquarter or more, with the larger ones of more than 30 centsclustered mainly in the West. Malin led the pack by advancingslightly more than 40 cents.

El Dorado, AR is about to become much bigger and brighter on themap. Dallas-based Panda Energy International has moved one stepcloser in the process of creating what will be the largest naturalgas-fired power plant in the country. Panda announced that it hassecured transportation to meet the plant’s daily natural gas needs.

That softening that everybody was expecting in vain since thestart of last week finally showed up to start off this week. Mostdeclines were in the neighborhood of a dime but generally were lessthan that in the West, especially California, and much greater thanthat at Northeast citygates.

El Paso Natural Gas may have gotten the industry’s largestChristmas bonus last week. Its announcement two weeks ago that itrecontracted all of its California-bound capacity for $37.5 millionwas a bit premature and a little understated. As it turned out,Enron North America Corp. upped the ante last week for 1.25 Bcf/dof firm transportation capacity on the pipeline by $8 millionfollowing a four-day open season.

El Paso Natural Gas may have gotten the industry’s largest Christmas bonus last week. Its announcement two weeks ago that it recontracted all of its California-bound capacity for $37.5 million was a bit premature and a little understated. As it turned out, Enron North America Corp. upped the ante last week for 1.25 Bcf/d of firm transportation capacity on the pipeline by $8 million following a four-day open season.