Turning attention from the war in Afghanistan and health care reform, President Obama last Thursday highlighted the nation’s economy and employment situation through a jobs summit that was met with mostly positive reviews from the energy industry.
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Articles from Care
The Line for Cap-and-Trade Bandwagons Forms to the Right — or Left
If you missed the last bandwagon, stick around; there will be another one coming along soon. Not to be outdone by health care reform friends and foes, energy companies and environmentalists are going on the road with the aim of staging as many rallies as possible in Congressional home districts during the August recess, aiming to influence votes in September. It’s the populist revolution and everyone’s in the game.
The Line for Cap-and-Trade Bandwagons Forms to the Right — or Left
If you missed the last bandwagon, stick around; there will be another one coming along soon. Not to be outdone by health care reform friends and foes, energy companies and environmentalists are going on the road with the aim of staging as many rallies as possible in Congressional home districts during the August recess, aiming to influence votes in September. It’s the populist revolution and everyone’s in the game.
Spectra Moves to Next Stage of Fort Nelson CCS Project
Noting that the carbon capture part of its Fort Nelson carbon capture and sequestration (CCS) project is already taken care of, Spectra Energy is proceeding with the next stage of the feasibility work by commencing detailed geological assessments at the company’s existing gas gathering and processing facility in British Columbia.
Spectra Continues Feasibility Study of Fort Nelson CCS Project
Noting that the carbon capture part of its Fort Nelson carbon capture and sequestration (CCS) project is already taken care of, Spectra Energy is proceeding with the next stage of the feasibility work by commencing detailed geological assessments at the company’s existing gas gathering and processing facility in British Columbia.
Prices Record Triple-Digit Losses at All Points
With disappearing heating load and the previous day’s screen plunge exacerbated by the extra reduction of industrial demand associated with a long holiday weekend, cash prices tanked by more than a dollar — more than $2 in quite a few cases — across the board Friday.
End-of-May Prices Record Mostly Moderate Gains
Traders took care of swing business through the end of May Thursday, with moderate gains of up to about 15 cents (most in single digits) dominating over several scattered points that ranged from flat to down a little more than a dime. Although cooling load is growing only at a snail’s pace in the South, sources said screen strength Wednesday in the June contract’s expiry and Thursday in the July contract’s prompt-month debut was enough to drive the mild burst of bullishness.
Pro-Rata Capacity Compensation Upheld on Tetco
FERC last week upheld its previous orders accepting TexasEastern Transmission’s tariff provisions that require emergencyshippers, such as hospitals, to reimburse non-emergency shippersjust for the loss of firm transportation capacity — not the lossof gas supply — stemming from pro-rata curtailments.
Embattled Billing Service Cuts Staff, Reorganizes
Utilipro Inc., an 80% AGL Resources-owned customer-caresolutions provider, announced yesterday it is cutting staff andreorganizing because energy deregulation is taking hold too slowly.
GA Company Providing Billing for Canadian Marketers
Two Canadian energy retailers soon will be served byAtlanta-based Utilipro Inc., provider of customer care solutions.Utilipro recently signed a letter of intent with Direct EnergyMarketing Limited (DEML), Canada’s largest independent gasmarketer, and Apollo Gas Inc. (AGI), a subsidiary of Apollo GasIncome Fund, to directly bill customers for gas and energy-relatedservices.