Citing a 34% average increase on year-to-date share priceswithin the U.S. electric power industry, Deutsche Banc Alex. Brownanalyst James Dobson initiated a watch of 18 generation and 15distribution companies in the firm’s U.S Electric Power Industryreport.
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Transportation Notes
Citing unanticipated delays, Tennessee said Tuesday thatrehabilitation work on its Donna Lateral in South Texas, scheduledfor Oct. 23-24, must be extended at least into today. Until furthernotice, nominations will continue to be refused at 18 meters.
Citizen Group Pads Petition Against Guardian?
Only a fraction of the names listed on a citizen group’s petition citing concerns with the proposed Guardian Pipeline LLC and associated Wisconsin Gas lateral are landowners that would be affected by the construction of the projects, the companies said.
Transportation Notes
Citing “decisive customer response,” effective with Sunday’s gas day Northwest lifted a Stage I Overrun Entitlement Period that had begun Thursday (see Daily GPI, Sept. 29). A Deficiency Period associated with a compressor outage at the Soda Springs Station in Wyoming (see Daily GPI, Oct. 2) remains in effect until further notice.
Transportation Notes
Citing significant market area demand, Florida Gas Transmissionissued an Overage Alert Day notice, effective Tuesday until furthernotice, with a daily imbalance tolerance of 15%.
Complaint Cites Equitable in Accident
PENNSAFE, a division of Pennsylvania’s Dept. of Labor andIndustry, has filed a complaint in district court against EquitableGas Co., citing the failure of the utility to accurately mark itsline which resulted in the death of a McKeesport, PA, woman.
Transportation Notes
Citing forecasts of cooler temperatures in the Pacific Northwestfor the holiday weekend, Northwest began allowing both on-systemand off-system balancing Thursday after a long period of barringon-system balancing. However, storage volumes remain high in theJackson Prairie and Clay Basin facilities, limiting operationalflexibility, Northwest said.
Transportation Notes
Citing high market-area demand, Florida Gas Transmissiondeclared an Overage Alert Day Wednesday, effective until furthernotice, with 15% tolerance for negative daily imbalances.
Transportation Notes
Citing significant market-area demand, Florida Gas Transmissionissued an Overage Alert Day notice Tuesday with 6% tolerance fornegative daily imbalances. The notice will remain in effect untilfurther notice.
Sempra Reports 34% Jump in Second Quarter Earnings
Citing increased profits from energy trading and internationalprojects, San Diego-based Sempra Energy Thursday reported unauditedconsolidated net income of $110 million, a 34% increase overearnings in last year’s second quarter. Second-quarter revenueswere $1.5 billion, or equal to the revenues in the same period lastyear.