Conclusion

The Alaska Gasline Inducement Act’s (AGIA) 20-month process came to its conclusion Friday with the approval of a natural gas pipeline license for TransCanada Corp. on a state Senate vote of 14-5.

The next three months on average will be warmer than normal across much of the country, according to forecaster WSI Corp., a conclusion that analysts at Energy Security Analysis (ESAI) see as bullish for the natural gas and power markets.

The next three months on average will be warmer than normal across much of the country, according to forecaster WSI Corp., a conclusion that analysts at Energy Security Analysis (ESAI) see as bullish for the natural gas and power markets.

As the once halcyon Enron era draws to a conclusion in a Houston federal court room, 2,000 miles to the northwest at the Oregon headquarters of Portland General Electric (PGE) utility employees are rubbing their eyes and wondering if it was all real — those eight years as a subsidiary of Enron Corp.

Several experts who spoke at GasMart in New Orleans last week agreed with the conclusion of a recent study by the New York Mercantile Exchange (Nymex) that found that hedge funds have been unfairly blamed for being the cause of recent gas price spikes.

In one of what surely will be a long list of footnotes to the conclusion of the nation’s largest utility bankruptcy, PG&E Corp. announced late Monday that a creation of California’s energy crisis in late 2000, a “shareholder rights plan,” automatically expired with the emergence from Chapter 11 bankruptcy by the holding company’s utility, Pacific Gas and Electric Co.

Contrary to FERC staff’s conclusion in its western energy market report, the CAISO and now-defunct Cal-PX Market Monitoring and Information plans (MMIPs) did not offer market participants “sufficient notice” as to what conduct was allowed or prohibited in California, or clearly state that violators would be subject to retroactive sanctions by the Commission, Duke Energy contends.

Natural gas markets across North America this week were warned for the second time this heating season against taking for granted any further growth in Canadian gas supplies, at least for most of this decade. The Canadian Energy Research Institute (CERI) said its latest industry survey will confirm a report by the National Energy Board in December that gas field productivity has peaked and stands poised to drop in western Canada (see Daily GPI, Jan. 13; Jan. 21).

Natural gas markets across North America last week were warned for the second time this heating season against taking for granted any further growth in Canadian gas supplies, for most of this decade. The Canadian Energy Research Institute (CERI) said its latest industry survey will confirm a report by the National Energy Board (NEB) in December that gas field productivity has peaked and stands poised to drop in western Canada (see NGI, Jan. 13; Jan. 20).