Charged

A Colorado ballot initiative that would remove a severance tax break for the energy industry would not, as critics have charged, increase residential natural gas prices nor would it push producers out of the state, according to a study by a Denver-based nonprofit group.

A Colorado ballot initiative that would remove a severance tax break for the energy industry would not, as critics have charged, increase residential natural gas prices nor would it push producers out of the state, according to a study by a Denver-based nonprofit group.

Rates charged to customers of Columbia Gas of Virginia for delivery service are frozen for four years under a performance-based rate (PBR) plan authorized by the State Corporation Commission (SCC) late last month. The new rate plan took effect Jan. 1 and includes a $2 million credit back to residential and commercial customers in 2007 and again in 2008.

The rates charged to customers of Columbia Gas of Virginia for delivery service will be frozen for four years under a performance-based rate (PBR) plan authorized by the State Corporation Commission (SCC). The new rate plan takes effect Jan. 1 and includes a $2 million credit back to residential and commercial customers in 2007 and again in 2008.

To the American Public Gas Association (APGA), high natural gas prices are not “business as usual,” and the trade group says, “Any high-ranking government official charged with protecting the public interest” ought to agree.

Stanley Horton, who once guided Enron Corp.’s vast natural gas pipeline system, was appointed Monday as COO and president of Cheniere Energy Inc. Horton, who is charged with helping Cheniere develop several liquefied natural gas (LNG) receiving terminals along the Gulf Coast, assumes his new position April 18.

The Securities and Exchange Commission (SEC) last week charged the former managing director of Enron North America (ENA) and co-head of its commercial transactions group with violating antifraud provisions of federal securities laws and for aiding and abetting Enron’s violations for reporting and record-keeping provisions.

The Securities and Exchange Commission (SEC) on Monday charged the former managing director of Enron North America (ENA) and co-head of its commercial transactions group with violating antifraud provisions of federal securities laws and for aiding and abetting Enron’s violations for reporting and record-keeping provisions.

Lawyers for former Enron Corp. CEO Jeffrey Skilling, who has been charged in a wide-ranging conspiracy case stemming from Enron’s collapse in Dec. 2001, have asked a Houston federal judge to disclose the names of 114 people alleged to be co-conspirators.