Senate Banking Chairman Christopher Dodd’s (D-CT) decision to retire at the end of 2010 may increase the chances for financial regulatory reform legislation to clear the Senate this year, said natural gas producers and industrial customers.
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Senate Draft Offers Exemptions for Clearing, Trading of Derivatives
Senate Banking Committee Chairman Christopher Dodd (D-CT) circulated a discussion draft last Tuesday that would require over-the-counter (OTC) derivative products to be centrally cleared and traded on regulated exchanges if they do not receive an exemption from federal regulators overseeing the futures and securities markets.
Senate Draft Offers Exemptions for Clearing, Trading of Derivatives
Senate Banking Committee Chairman Christopher Dodd (D-CT) circulated a discussion draft Tuesday that would require over-the-counter (OTC) derivative products to be centrally cleared and traded on regulated exchanges if they do not receive exemption from federal regulators overseeing the futures and securities markets.
Connecticut Lawmakers Protest Part of Iroquois Expansion
Connecticut Sen. Joseph Lieberman and Rep. Christopher Murphy sent a letter to FERC Monday protesting a portion of Iroquois Gas Transmission System LP’s expansion that would provide increased natural gas supplies to Long Island and New York City.
New Gas, Power Transmission Lines in PG&E’s Plans, CFO Says
As part of an industry panel that generally talked bullishly about investment in new transmission infrastructure, PG&E Corp.’s CFO Christopher Johns stressed his utility company’s increased interest in investing in new interstate natural gas and electric transmission projects. While PG&E doesn’t want to own liquefied natural gas (LNG) terminals, the company wants to be able to access LNG wherever it lands in the West, Johns told a financial audience at the Citigroup’s First Annual Power, Gas and Utilities Conference in Miami, FL.
Fourth Ex-El Paso Trader Pleads Guilty
Christopher Bakkenist, 41, the last of four former El Paso Corp. natural gas traders charged with reporting false data used to calculate the index price of gas, pleaded guilty late Thursday.
Fourth Ex-El Paso Trader Pleads Guilty
Christopher Bakkenist, 41, the last of four former El Paso Corp. natural gas traders charged with reporting false data used to calculate the index price of gas, pleaded guilty late Thursday.
Panhandle Chief Says LNG Demand Could Triple by 2010
Christopher Helms, president of CMS Panhandle Pipe Line Co.,estimated that LNG use will swell to take up 3.5% of the predicted30 Tcf of gas demand by 2010. In an interview with NGI, Helms saidPanhandle is working toward building LNG trade to the same level ascrude oil trading, complete with a futures and financial market,with Lake Charles serving as the hub for all operations.
Panhandle: LNG Demand Could Triple by 2010
Christopher Helms, president of CMS Panhandle Pipe Line Co.,estimated that LNG use will swell to take up 3.5% of the predicted30 Tcf gas demand by 2010. In an interview with NGI, Helms saidPanhandle is working toward building LNG trade to the same level ascrude oil trading, complete with a futures and financial market,with Lake Charles serving as the hub for all operations.