Contrary

Despite arguments to the contrary by an El Paso Corp. affiliate, the Environmental Protection Agency (EPA) has ruled that liquefied natural gas (LNG) regasification performed on floating vessels in the Gulf of Mexico will be held to the same clean air and clean water regulations as fixed-structure LNG facilities.

Despite arguments to the contrary by an El Paso Corp. affiliate, the Environmental Protection Agency (EPA) last week ruled that liquefied natural gas (LNG) regasification performed on floating vessels in the Gulf of Mexico will be held to the same clean air and clean water regulations as fixed-structure LNG facilities.

Contrary to published reports stating that negotiators have removed from the energy bill a controversial production tax credit for natural gas transported over a proposed Alaska gas pipeline, Sen. Lisa Murkowski (R-AK) said Wednesday the tax credit and other financial incentives for the long-line gas system were “still in play.”

Nearly all points continued to climb Wednesday as winter weather began to pay a return visit to northern market areas and parts of the West. However, widespread late price retreats and expectations of the demand slump that typically accompanies a long weekend had sources anticipating softness Thursday.

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.

Contrary to a recent preliminary determination (PD) by FERC, Red Lake Gas Storage LP has argued the California and southwestern gas marketplace has changed dramatically since the energy crisis of 2000-2001, and its proposed 12 Bcf Arizona storage project should be allowed to charge market-based rates.

Contrary to a recent preliminary determination (PD) by FERC, Red Lake Gas Storage LP has argued the California and southwestern gas marketplace has changed dramatically since the energy crisis of 2000-2001, and its proposed 12 Bcf Arizona storage project should be allowed to charge market-based rates.

Looking at sharply higher Northeast prices by themselves, an observer would conclude that Thursday was a rampaging bull market for cash gas. But in the overall market context, non-Northeast quotes ranged from a few pennies higher to as much as 10-15 cents down at some western points. Either side of flat was the rule for a majority of the market.

Contrary to skepticism raised in an ongoing probe by the California legislature, the nation’s largest municipal utility has done nothing wrong in its wholesale power sales over the past two years, and the state asked for a new short-term power deal for this summer, according to Los Angeles Department of Water and Power General Manager David Wiggs, who spoke last Thursday at a media briefing in Washington, DC.