Commenting

The drive to put natural gas on the road has influential congressional supporters, Sen. Jim Inhofe, R-OK, said last Wednesday, commenting on testimony by the head of a natural gas vehicle coalition before the Senate Committee on Environment and Public Works.

The drive to put natural gas on the road has influential congressional supporters, Sen. Jim Inhofe, R-OK, said Wednesday, commenting on testimony by the head of a natural gas vehicle coalition before the Senate Committee on Environment and Public Works.

The drive to put natural gas on the road has influential congressional supporters, Sen. Jim Inhofe, R-OK, said Wednesday, commenting on testimony by the head of a natural gas vehicle coalition before the Senate Committee on Environment and Public Works.

BP is “extremely disappointed with where we are at right now in Alaska,” Lee Lunde, senior vice president of BP Canada Energy, said Thursday, commenting on the progress of legislation proposed by the new Alaska governor to spur construction of a natural gas pipeline going south to the Lower 48.

Following a topsy-turvy day of rallies and recesses, May natural gas futures on Monday ultimately recorded a high of $7.590 before settling at $7.562, up 18.1 cents on the day. In commenting on the significant up-day, Commercial Brokerage Corp.’s Tom Saal said the move higher was actually the result of two failed attempts to break below support lines.

Commenting on Unocal Corp.’s recent announcement that it has agreed to acquire the outstanding limited partner interest in Spirit Energy 76 Development LP., Standard & Poor’s Ratings Services said the action would have no immediate effect on the El Segundo, CA-based independent’s current ratings or outlook (BBB+/Stable/A-2).

Commenting on Unocal Corp.’s announcement late last week that it has agreed to acquire the outstanding limited partner interest in Spirit Energy 76 Development LP., Standard & Poor’s Ratings Services said the action would have no immediate effect on the El Segundo, CA-based independent’s current ratings or outlook (BBB+/Stable/A-2).

Commenting on the temporary reprieve ACN Energy received last week that will allow it continue marketing natural gas in Georgia, the Farmington Hills, MI-based company said it was “pleased” that it was able to reach an agreement with Atlanta Gas Light Co. (AGLC) (see Daily GPI, Nov. 18).

Commenting on FERC’s Sept. 5 order overturning “monopolistic” offshore gas pipeline rates imposed by the Williams Companies, Apache Corp. said Friday that the decision is a victory for consumers and producers everywhere.