Continuing its aggressive public relations campaign against allegations from three former workers at its San Diego power plant, Duke Energy Monday used a conference call with news reporters to go through detailed explanations of its power plant operations on three days last January, when the former workers contend the generator manipulated the plant operations to drive up wholesale power prices at a time of acute shortfalls.
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California Emissary Hones in on FERC
Stepping up the campaign for power price caps in advance of FERC’s meeting on the issue today, (1 p.m. at the Commission offices), S. David Freeman, senior energy advisor to the California governor, told a press briefing last week in Washington, DC, of the state’s “desperate need for FERC to bring prices down to just and reasonable rates.” The Commissioners should exercise their legal independence from the White House, he added.
California Emissary Hones in on FERC
Stepping up the campaign for power price caps in advance of FERC’s meeting on the issue next Monday (June 18, 1 p.m. at the Commission offices), S. David Freeman, senior energy advisor to the California governor, told a press briefing in Washington, DC, of the state’s “desperate need for FERC to bring prices down to just and reasonable rates.” The Commissioners should exercise their legal independence from the White House, he added.
Former Bush Aide: ANWR Isn’t the `Grand Canyon’
“It’s not as if this is the Grand Canyon,” said a former energy spokesman for the Bush campaign in response to an assault on the president’s proposal to open up the pristine Arctic National Wildlife Refuge (ANWR) to oil and natural gas exploration and development.
Former Bush Aide: ANWR Isn’t the ‘Grand Canyon’
“It’s not as if this is the Grand Canyon,” said a former energy spokesman for the Bush campaign in response to an assault on the president’s proposal to open up the pristine Arctic National Wildlife Refuge (ANWR) to oil and natural gas exploration and development.
Sempra to Campaign Against Unbundling
A new California law restricting future natural gas unbundlingfits the “vision” of the $5 billion utility holding company, SanDiego-based Sempra Energy said, and it intends to “activelypromote” similar restrictions in other states in which it operates.
BP Amoco Pushes for Annual Rate Changes
BP Amoco is starting a quiet, behind-the-scenes campaign aimedat bringing pipeline rate-setting out of the realm of the archaic,making it current and market-responsive by building in annualre-calculations to adjust return on equity.
BP Amoco Pushes for Annual Rate Changes
BP Amoco is starting a quiet, behind-the-scenes campaign aimedat bringing pipeline rate-setting out of the realm of the archaic,making it current and market-responsive by building in annualre-calculations to adjust return on equity.
Futures Rally has Sources Looking to Past
Feeding off late gains notched by the expiring April contractMonday, May kicked off its campaign as the spot month at Nymexyesterday by continuing higher in active trading. And whereas Aprilcontract made its mark in a late short squeeze, May was promptedhigher throughout the day by a steady stream of commercial andspeculative buying. Several sources also pointed to buy-stoporders, which were triggered as the market moved through the$1.93-95 range as a reason for the strength. May finished up 9.5cents at $1.978.
Columbia Announces Georgia Retail Strategy
Columbia Energy won’t be sinking dollars into a statewide brandadvertising campaign in Georgia like several other retail marketersdid prior to Nov. 1 start-up. Instead, the company plans anaggressive direct marketing program that focuses on attractivepricing and customer service. Columbia is offering Atlanta GasLight (AGL) customers a guaranteed bundled gas delivery price of39.9 cents per therm, a savings on gas costs of 18% for residentialcustomers and 19% for small commercial buyers compared to AGL’scharges over the last six months.