Bows

Major influences converged to push swing prices lower by about a nickel to just over 20 cents at nearly all points Wednesday: the screen followed up Tuesday afternoon’s decline with even greater expiration-day weakness, and mild late-summer weather virtually everywhere outside the southern edge of the U.S. could no longer be ignored as it had been earlier in the week.

FERC’s plan to impose a (price and volume) reporting requirement on transporters and sellers into the California natural gas market (RM01-9) has drawn mixed reactions from industry, but most agree that the Commission was pressed by Congress to take this action.

FERC’s plan to impose a (price and volume) reporting requirement on transporters and sellers into the California natural gas market (RM01-9) has drawn mixed reactions from industry, but most agree that the Commission was pressed by Congress to take this action.

The chairman of Canada’s National Energy Board, Ken Vollman, hasfired a shot across the bows of the international natural gascommunity, urging it to do more than count the profits from today’shigh prices.

The chairman of Canada’s National Energy Board, Ken Vollman, hasfired a shot across the bows of the international natural gascommunity, urging it to do more than count the profits from today’shigh prices.

Dynegy last week drew a sharper bead on energy convergence,jettisoning all of its U.S. crude oil operations.

After much nudging from the courts, state regulators andindustry, the Federal Energy Regulatory Commission last weekconceded defeat in its battle to justify jurisdiction over a smalllateral in Colorado.

After much nudging from the courts, state regulators andindustry, the Federal Energy Regulatory Commission last weekconceded defeat in its battle to justify jurisdiction over a smalllateral in Colorado.

“Our charge was to go out on the attack and learn about operations ina deregulated setting. We were funded as a pilot and we operated that way.We did very little advertising. Our goal was not to become a rapid expansion-typecompany,” said Jean Redfield, president of DTE Edison America.