Coalition

Industrial customers, associations and environmental/energy efficiency activists have become unusual allies in order to press Congress and the Bush administration to take steps to bridge the gap between natural gas supply and demand, promote the construction of new gas pipelines and storage facilities and foster greater conservation and energy efficiency by consumers.

The Market Price Reporting Action Committee (MPRAC), an ad hoc group of about 40 gas and power industry companies, exchanges, trade associations and price index developers, told FERC last week that it is disbanding because it has completed its mission of analyzing the current gas and power price reporting system and reporting the results to the Commission.

The Market Price Reporting Action Committee (MPRAC), an ad hoc group of about 40 gas and power industry companies, exchanges, trade associations and price index developers, told FERC this week that it is disbanding because it has completed its mission of analyzing the current gas and power price reporting system and reporting the results to the Commission.

The Committee of Chief Risk Officers (CCRO), a coalition of 31 energy companies, issued a set of best practices for managing risk and recommended that all companies with significant merchant energy activities adopt the set, which covers best practices in the governance, valuation, credit risk management and disclosure aspects of merchant energy operations.

The Committee of Chief Risk Officers (CCRO), a coalition of 31 energy companies, issued a set of best practices for managing risk and recommended that all companies with significant merchant energy activities adopt the set, which covers best practices in the governance, valuation, credit risk management and disclosure aspects of merchant energy operations.

A Senate bipartisan coalition led by Louisiana lawmakers yesterday overwhelmingly defeated an amendment to postpone oil and natural gas leasing in the eastern Gulf of Mexico.

El Paso Energy, Enron, Peoples Energy and Northern BorderPipeline have formed a joint venture to target prized Midwest gastransportation markets left unguarded when TransCanada Pipelinesand Northern States Power put the Viking Voyageur project on holdearlier this year.