Combined

Weekend winter storms in much of the Midcontinent/Midwestcombined with expectations of even worse to come this week over amuch wider area to push cash prices higher by well over a dollar atnearly all points. Only the PG&E citygate was a tad shy ofrealizing a three-digit advance.

NRG Energy Inc. plans to spend $658 million to acquire fourcombined cycle power projects with a total capacity of 5,961 MWfrom LS Power LLC, an independent power producer headquartered inEast Brunswick, NJ. The agreement also gives the Minneapolis-basedNRG the opportunity to acquire ownership in the next 3,000 MW ofgeneration offered by LS Power and its partners.

NRG Energy Inc. plans to spend $658 million to acquire fourcombined cycle power projects with a total capacity of 5,961 MWfrom LS Power LLC, an independent power producer headquartered inEast Brunswick, NJ. The agreement also gives the Minneapolis-basedNRG the opportunity to acquire ownership in the next 3,000 MW ofgeneration offered by LS Power and its partners.

The Gas Industry Standards board (GISB) has offered up a plan for a combined natural gas and electric industry standards board for discussion among GISB’s own members and electric industry representatives.

The Gas Industry Standards board (GISB) has offered up a planfor a combined natural gas and electric industry standards boardfor discussion among GISB’s own members and electric industryrepresentatives.

High natural gas market prices, combined with lower fixedcommodity prices for gas sold by local distributors, have stalledresidential and business customer choice programs in Michigan atcurrent levels and could even cause a reversal on some systems ifcustomers are allowed to return to the LDCs at low fixed prices.

High natural gas market prices, combined with lower fixedcommodity prices for gas sold by local distributors, have stalledresidential and business customer choice programs in Michigan atcurrent levels and could even cause a reversal on some systems ifcustomers are allowed to return to the LDCs at low fixed prices.

Having set the world’s water-depth record for a combineddrilling and production platform, Exxon Mobil Corp.’s Hoover andDiana fields now are averaging 140 MMcf of gas and 18,000 barrelsof oil per day from five wells, and contain estimated recoverableresources that exceed 300 million oil-equivalent barrels.

Having set the world’s water-depth record for a combineddrilling and production platform, Exxon Mobil Corp.’s Hoover andDiana fields now are averaging 140 MMcf of gas and 18,000 barrelsof oil per day from five wells, and contain estimated recoverableresources that exceed 300 million oil-equivalent barrels.