Calls

A plan that calls for more than $420 million of transmission facility additions and reinforcements in the PJM region has been given the green light by PJM Interconnection’s board of managers. PJM Interconnection’s board of managers signed off on the second regional transmission expansion plan (RTEP) for the PJM region last Tuesday.

A plan that calls for more than $420 million of transmission facility additions and reinforcements in the PJM region has been given the green light by PJM Interconnection’s board of managers. PJM Interconnection’s board of managers signed off on the second regional transmission expansion plan (RTEP) for the PJM region on Tuesday.

A recommended decision by a California Public Utilities Commission administrative law judge would replace the controversial Residual Load Service (RLS) tariff on Southern California Gas mainlines with a cost-based peaking service (D.00-04-060).

El Paso Corp. claims it was set up by California Assembly members to take the blame for high gas prices in the state. It said recent hearings before a subcommittee were a “sham,” and that it was “predetermined” that El Paso would be accused on wrongdoing in a report approved by the subcommittee majority yesterday.

Prefacing an hour-long discussion with investors on Friday,Enron Corp. COO Jeffrey Skilling said the rumors about theHouston-based energy giant, which have sent the company’s stockspiraling to a 52-week low, are mostly “noise,” with no basis infact. Skilling, who said his comments would be “short and sweet,”reiterated more than once that business from all four sectors is in”great shape.”

BP North America Gas & Power President Tony Fountain said last week that the role of liquefied natural gas was “fundamental to our North American markets,” and indicated that the company is reviewing “several opportunities for LNG terminals” along the West Coast and East Coast. BP joins El Paso, Chevron and other companies that have announced similar LNG plans in response to high domestic gas prices.

BP North America Gas & Power President Tony Fountain said this week that the role of liquefied natural gas was “fundamental to our North American markets,” and indicated that the company is reviewing “several opportunities for LNG terminals” along the West Coast and East Coast. BP joins El Paso, Chevron and othercompanies that have announced similar LNG plans in response to high domestic gas prices.

In what could be a telling sign for making permanent a similar program for natural gas royalties, the Minerals Management Service reports that its crude oil royalty-in-kind (RIK) pilot program in Wyoming has successfully demonstrated that taking production in kind is a “viable alternative” to the traditional method of collecting royalties, in some circumstances.

In what could be a telling sign for making permanent a similarprogram for natural gas royalties, the Minerals Management Servicereports that its crude oil royalty-in-kind (RIK) pilot program inWyoming has successfully demonstrated that taking production inkind is a “viable alternative” to the traditional method ofcollecting royalties, in some circumstances.