Congress

Gas Price Re-Regulation Opposed by Hoecker

Any attempt by Congress to re-regulate natural gas prices to putan end to the escalation in wholesale prices seen this year wouldbe a “mistake,” said FERC Chairman James Hoecker, even though hebelieves $4 gas is too high.

August 17, 2000

FERC Awards Itself High Marks for ’99 Performance

In a fiscal year 1999 performance report card submitted toCongress and the White House, the Federal Energy RegulatoryCommission gave itself high marks for furthering competition in thenatural gas and electricity markets, citing the mega gas rule(Order 637), the RTO decision (Order 2000) and its FERC Firstinitiative as proof of its progress.

April 10, 2000

FERC Gives Itself High Marks for Work in ’99

In a fiscal year 1999 performance report card submitted toCongress and the White House, the Federal Energy RegulatoryCommission gave itself high marks for furthering competition in thenatural gas and electricity markets last year, citing the mega gasrule (Order 637), the RTO decision (Order 2000) and its FERC Firstinitiative as proof of its progress.

April 6, 2000

FERC Reports to Congress on NE Capacity

As FERC last week was delivering bad news to the Northeast-boundIndependence Pipeline and associated SupplyLink and MarketLinkprojects, the Commission staff was delivering a report to CapitolHill that concluded new pipeline capacity may be needed for theregion within the next three to five years. It didn’t specify howmuch capacity though (See related story).

December 20, 1999

Congress May Produce Electric Bills by Recess

Key pieces of comprehensive legislation aimed at restructuringthe electric industry could very well come out of both the Houseand the Senate before lawmakers leave for recess in early August,Capitol Hill observers say.

July 12, 1999

Congress Oks Producer Relief in Emergency Spending Bill

Senate and House lawmakers last week voted out a $15-billionemergency funding measure that, among other things, will give somelong-sought relief to domestic natural gas and oil producers. Thebill is expected to be signed by President Clinton.

May 24, 1999

Coal Bed Gas Bill Salvages Drilling Programs

Western Gas Resources said the coal bed methane legislationpassed last week by Congress and forwarded to the White House forsignature should put its drilling operation in the Powder RiverBasin back on track. The company, along with partner BarrettResources, planned a massive drilling program in the basin thisyear that included drilling 400 wells and 500 more next year, butan appellate court decision forced the companies to put their planson hold.

October 21, 1998
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