Despite FERC’s concerns that pipes may be abusing their authority to negotiate transportation rates, shippers and pipelines alike urged the Commission last week to continue to allow interstate gas pipes to offer customers customized negotiated rates as an alternative to maximum recourse rates. They were divided, however, on the issue of whether FERC ought to make some nips and tucks to its negotiated-rate program.
Cite
Articles from Cite
Mild Softness Prevails; Sources Cite Screen, Weather
Prices ranged from flat to down a little more than a dime in nearly all cases Wednesday; however, San Juan Basin numbers plunged by 40 cents. Most of the declines were fairly small at around a nickel or less.
August 22, 2002
Aquila, Cogentrix Cite Market ‘Uncertainty’ in Terminating Merger
Aquila Inc. and Cogentrix Energy Inc. on Friday jointly agreed to terminate an agreement under which Aquila was to acquire Cogentrix. Both companies said that the “current uncertainty of the electric power market made proceeding with the transaction impractical and not in either company’s best interest.” The transaction between Aquila and the Charlotte, NC-based company was announced in April (see NGI, May 6). Aquila said it did not consider the termination part of its “ongoing efforts” to sell $1 billion in non-strategic assets.
August 5, 2002
Upticks Baffle Many, But Some Cite Short Supply Positions
Several sources said they had no clue whatsoever on how the cash market achieved flat to modestly higher prices in most cases Thursday in the face of weakening fundamental support, especially following what they regarded as a bearish storage report. A large majority of points ranged from flat to 2-3 cents higher, with most Northeast citygates seeing the day’s only declines of about a nickel.
February 8, 2002
Energy Analysts Cite ‘Trepidation’ About FERC Gas Actions
Two prominent energy analysts have indicated their concern about some of the natural gas intiatives that FERC is scheduled to act on at its regular meeting this week, with one going as far as to say that the Commission actions may signal the return of regulation for gas.
July 24, 2001
Critics Cite Mystery of ‘Unused’ Capacity on El Paso
More than 1 Bcf/d of additional transportation capacity on El Paso Natural Gas was available to serve the gas-starved California market last year, but it went unused, claimed a witness for Southern California Edison during a FERC hearing yesterday exploring price-manipulation charges against the pipeline and its merchant power affiliates.
June 14, 2001
State Regulators Cite Over-Dependence on Gas
Over-reliance on natural gas as the fuel for new electricgenerating plants nationally carries with it an inherent risk toreliability and the threat of exacerbating already volatilewholesale markets, according to three industry executives whoaddressed a meeting of state regulatory commissioners in San Diegolast week.
November 20, 2000
Transportation Notes
Florida Gas Transmission extended an Overage Alert Day noticeinto its third day Wednesday, continuing to cite high market-areademand. However, Pacific Gas & Electric is lifting itslow-linepack OFO today.
October 7, 1999
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
