As the congressional spotlight on commodities trading and regulation by the Commodity Futures Trading Commission (CFTC) grew brighter and hotter Thursday, it also narrowed its focus as legislators made clear they are almost exclusively interested in the natural gas market, the Amaranth case and the surrounding infrastructure, namely the CFTC, the New York Mercantile Exchange (Nymex) and IntercontinentalExchange (ICE).
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Ohio Gets Much Brighter as 3,400 MW Are Approved
The Ohio Power Siting Board (OPSB) recently approved construction of two new gas-fired electric generation facilities within the state in an effort to keep ahead of the region’s growing demand. The projects include an enormous 2,700 MW plant in Summit County and a 704 MW facility in Sandusky County.
May 28, 2001
Ohio Gets Much Brighter as 3,400 MW Are Approved
The Ohio Power Siting Board (OPSB) recently approved construction of two new gas-fired electric generation facilities within the state in an effort to keep ahead of the region’s growing demand. The projects include an enormous 2,700 MW plant in Summit County and a 704 MW facility in Sandusky County.
May 24, 2001
Panda Energy Inks Transportation Agreement
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.
June 26, 2000
Panda Energy Inks Transportation Agreement
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.
June 21, 2000
Transco Gets a Go; Independence, SupplyLink ?
The future of Transcontinental Gas Pipe Line’s MarketLinkexpansion got a lot brighter yesterday when FERC issued acertificate for the Northeast-bound project after severing it fromthe distressed Independence Pipeline and SupplyLink expansion. Theoutlook for the associated Independence and SupplyLink pipelineprojects, on the other hand, turned decidedly bleaker as both wereplaced on Death Row.
April 26, 2000
Brighter Days for Offshore Rigs?
Things are looking up, at least a little, for offshore rigutilization, according to Duff & Phelps Credit Rating Co.(DCR). The firm says operating rates have increased steadily overthe past 12 months as drilling day rates for a shallow waterjack-up rig have risen from a low of $22,000 to current levels ofaround $50,000. Offshore rig utilization has also steadilyincreased from a low of 72% during the summer of 1999, to 81% inFebruary 2000. Oil prices are averaging better than $20/barrel andOPEC countries continue to adhere to new, reduced productionquotas, resulting in lower reported crude oil supplies. Also,according to Oil & Gas Journal, natural gas energy consumptionis projected to increase 8.4 % by 2002.
February 15, 2000
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