Clean

In the wake of the current turmoil surrounding Williams Cos., Williams Energy Partners LP took the chance to inform the investment community that it is an “extremely healthy” stand-alone company. The partnership held an unscheduled conference call last week to address investment concerns that dropped the company’s stock price by $6 (more than 19%) in Tuesday trading.

In the wake of the current turmoil surrounding Williams Cos., Williams Energy Partners LP took the chance to inform the investment community that it is an “extremely healthy” stand-alone company. The partnership held an unscheduled conference call to address investment concerns that dropped the company’s stock price by $6.00 (more than 19%) in Tuesday trading.

In the wake of the current turmoil surrounding Williams Cos., Williams Energy Partners LP took the chance to inform the investment community that it is an “extremely healthy” stand-alone company. The partnership held an unscheduled conference call to address investment concerns that dropped the company’s stock price by $6.00 (more than 19%) in Tuesday trading.

Adding to a string of losses that would give even a Nasdaq bear cause for celebration, natural gas futures funneled lower last week as traders continued to factor in the impact of seemingly plentiful gas supply in a market that currently lacks much of a seasonal demand component. Taking over where the May contract left off, June closed 7.3 cents lower on Friday at $4.867. With that the June contract continued the trend, adding to its week-long string of losses.

The New York Power Authority’s program to install 10 small, clean gas-turbine generators in boroughs of the Big Apple in time to prevent blackouts and price spikes this summer gained some state agency lobbying partners this week, who urged the New York State Assembly to support the program to avert California-like energy problems in the coming months.

The New York Power Authority’s program to install 10 small,clean gas-turbine generators in boroughs of the Big Apple in timeto prevent blackouts and price spikes this summer gained some stateagency lobbying partners this week, who urged the New York StateAssembly to support the program to avert California-like energyproblems in the coming months.

From gas and power to clean air credits, bandwidth and plastics,you name it, and EnronOnline now sells it, but out of the plethoraof commodities now trading on the site worldwide, North Americannatural gas still tops the list of most actively traded.

Out of the multiple commodities now trading on EnronOnlineworldwide, including gas, power, oil, coal, pulp and paper, cleanair credits, bandwidth, weather and credit derivatives,petrochemicals and plastics, North American natural gas still topsthe list of most actively traded. The rapidly growing e-commercesite, which Enron claims is the world’s largest with more than $50billion in transactions so far this year, now consumes much morethan 50% of Enron’s wholesale commodity transactions, includingmore than 10 Bcf/d of in the first quarter.

Marking a clean sweep through the shareholder votes of its threepotential mergers, Energy East announced yesterday that stockholders of CTG Resources had “overwhelmingly” approved the proposeddeal. Energy East said it expects the CTG merger to be finalized bythe end of the second quarter next year. The CTG shareholdersapproved the transaction yesterday at a special meeting inHartford, CT.