Comment

Nevada’s Public Utilities Commission will hold two days of public comment sessions Tuesday and Wednesday to gather input from the general public on Las Vegas, NV-based Southwest Gas Corp’s. proposed $27.5 million general rate increase. Tuesday’s hearing is in Carson City, and Wednesday’s session will be in Las Vegas.

Without discussion or comment, the head of the California Public Utilities Commission (CPUC) Thursday pulled from consideration a last-minute item to launch an investigation of the liquefied natural gas (LNG) receiving terminal plans for Long Beach Harbor. The issue is to be considered at the regulators’ next regularly scheduled business meeting April 22.

Without discussion or comment, the head of the California Public Utilities Commission (CPUC) Thursday pulled from consideration a last-minute item to launch an investigation of the liquefied natural gas (LNG) receiving terminal plans for Long Beach Harbor. The issue is to be considered at the regulators’ next regularly scheduled business meeting April 22.

A source in Michigan may have anecdotally sized up the Friday market with an innocent comment: “It’s going to be a warm trick-or-treating night for us.” A warm Halloween in Michigan?!? That kind of unseasonable weather throughout much of the East and the southern reaches of the West went a long way toward explaining why weekend prices plunged across the board.

Even though the Federal Energy Regulatory Commission has direct authority to impose its proposed “code of conduct” only on pipelines and LDCs and their affiliates by attaching it to blanket sales certificates, the California Public Utilities Commission (CPUC) believes “this is a sufficiently large group of sellers of natural gas to warrant adoption of the rules…since many of the affiliates of interstate pipelines or LDCs are among the largest natural gas marketers in the nation” (RM03-10).

Even though the Federal Energy Regulatory Commission only has direct authority to impose its proposed “code of conduct” on pipelines and LDCs and their affiliates by attaching it to blanket sales certificates, the California Public Utilities Commission (CPUC) believes “this is a sufficiently large group of sellers of natural gas to warrant adoption of the rules…since many of the affiliates of interstate pipelines or LDCs are among the largest natural gas marketers in the nation” (RM03-10).

Coming on the heels of Chesapeake Energy Corp.’s Oneok asset acquisition announcement Wednesday, Standard & Poor’s Ratings Services (S&P) and Fitch Ratings commented on what the transaction’s impact might be on the Oklahoma City-based E&P company.

The Energy Information Administration (EIA) is seeking public comment on a proposed policy for making future corrections to its weekly natural gas storage report.

The Federal Energy Regulatory Commission in last meeting of the year last week asked for comments on whether it should require approximately 1,200 power marketers to file financial reports on their derivative and hedging positions.