Claim

The California Public Utilities Commission’s (CPUC) claim that Williams Energy Marketing and Trading has market power in the California and western wholesale power markets and is flagrantly abusing it is unfounded, the marketer contends. Consequently, the CPUC’s request to suspend Williams Energy’s market-based rate authority should be rejected by FERC.

The California Public Utilities Commission’s (CPUC) claim that Williams Energy Marketing and Trading has market power in the California and western wholesale power markets and is flagrantly abusing it is unfounded, the marketer contends. Consequently, the CPUC’s request to suspend Williams Energy’s market-based rate authority should be rejected by FERC.

The California Independent System Operator’s (Cal-ISO) claim that market power has inflated wholesale energy costs in the state by more than $6.2 billion since last May (see NGI, March 26) should be rejected because the figure came from a report that was approved by the organization’s illegally formed governing board, contends Williams Energy Marketing and Trading.

The California Independent System Operator’s (Cal-ISO) claim that market power has inflated wholesale energy costs in the state by more than $6.2 billion since last May (see Daily GPI, March 23) should be rejected because the organization is run by an illegally formed governing board, contends Williams Energy Marketing and Trading.

Separate class action lawsuits tied to California’s natural gasand electricity price spikes were filed Monday alleging that a”conspiracy” dating back to 1996 between Sempra Energy’s twoutility companies and El Paso Natural Gas has contributed to thestate’s skyrocketing energy prices and short supplies.

Chevron, Conoco and Murphy Exploration & Production claim the federal government has tied into a “proverbial Gordian Knot” their efforts to develop nine leases in the Destin Dome 56 project, 25 miles offshore Pensacola, FL.

Chevron, Conoco and Murphy Exploration & Production claimthe federal government has tied into a “proverbial Gordian Knot”their efforts to develop nine leases in the Destin Dome 56 project,25 miles offshore Pensacola, FL. The three producers have filed abreach-of-contract lawsuit against the government, saying a”regulatory Catch 22” between the Commerce Department and theEnvironmental Protection Agency has frozen the review process andprevented the project from ever being approved.

The soaring gas market continues to claim casualties amongindustrial end-users. The ammonia, urea and methanol industries,just to name a few that require significant amounts of natural gasfor production, are on the verge of being crippled because of highfeedstock costs and continuing poor sales prices in the domesticand international markets.

The soaring gas market continues to claim casualties amongindustrial end-users. The ammonia, urea and methanol industries,just to name a few that require significant amounts of natural gasfor production, are on the verge of being crippled because of highfeedstock costs and continuing poor sales prices in the domesticand international markets.