Cost

The biggest challenges facing El Paso Corp. in 2005 will be hitting a $2 billion debt reduction target, getting its cost structure under control after more than $4 billion in asset sales over the last couple of years and turning around its exploration and production (E&P) business, CEO Doug L. Foshee told analysts at the UBS 2005 Natural Gas and Electric Utilities Conference on Wednesday.

TransCanada PipeLines Ltd. has come up with a way to escape the cost and toll squeeze caused by excess capacity on its natural gas mainline — fill up the empty space with oil.

Facing higher natural gas costs, Unitil has filed an interim increase in its Cost of Gas Adjustment (CGA) factor with the Massachusetts Department of Telecommunications and Energy (MDTE). If approved, a typical residential heating customer using 150 therms/month in the winter would see an increase of $11.06 or 5.4% over the current rates.

Due to lower petroleum and natural gas prices, the Energy Information Administration reported in its latest Short-Term Energy Outlook that it has marginally reduced its projections of winter heating fuel prices and winter household heating fuel expenditures.

Due to lower petroleum and natural gas prices, the Energy Information Administration reported in its latest short-term energy outlook that it has marginally reduced its projections of winter heating fuel prices and winter household heating fuel expenditures.

Due to lower petroleum and natural gas prices, the Energy Information Administration reported in its latest short-term energy outlook that it has marginally reduced its projections of winter heating fuel prices and winter household heating fuel expenditures.

The California Public Utilities Commission last Wednesday approved separate cost-of-service rate settlements for Sempra Energy’s two utilities, resulting in slight decreases in their rates while authorizing collective revenue requirements of more than $2.4 billion for Southern California Gas Co. and San Diego Gas and Electric Co. The action was unanimously approved by the five-member panel, although two members had concerns about the lack of detail in the two settlements.

The California Public Utilities Commission Wednesday approved separate cost-of-service rate settlements for Sempra Energy’s two utilities, resulting in slight decreases in their rates while authorizing collective revenue requirements of more than $2.4 billion for Southern California Gas Co. and San Diego Gas and Electric Co. The action was unanimously approved by the five-member panel, although two members had concerns about the lack of detail in the two settlements.

The California Public Utilities Commission Wednesday approved separate cost-of-service rate settlements for Sempra Energy’s two utilities, resulting in slight decreases in their rates while authorizing collective revenue requirements of more than $2.4 billion for Southern California Gas Co. and San Diego Gas and Electric Co. The action was unanimously approved by the five-member panel, although two members had concerns about the lack of detail in the two settlements.