Debate

After two days of debate and several failed amendments, the Arizona Corporation Commission (ACC) last Tuesday rejected the proposed sale of Tucson Electric Power’s (TEP’s) parent company, UniSource Energy Corp., to a private investor group headed by the Wall Street leveraged-buyout firm of Kohlberg Kravis Roberts & Co. (KKR). The commissioners on a 4-1 vote supported a regulatory judge’s recommendation to reject the multi-billion-dollar deal.

The use of so-called “conservative assumptions” in the study done for FERC on LNG tanker safety has resulted in “unrealistic potential consequences that may unduly alarm the public,” the Center for Liquefied Natural Gas (CLNG) said last week.

The major associations serving the natural gas and oil industries are in the process of forming a coalition to deal with public debate heating up over the number of proposed liquefied natural gas (LNG) import terminals being built around the nation and the growing amount of imported LNG entering the U.S. marketplace to capture soaring market values.

The major associations serving the natural gas and oil industries are in the process of forming a coalition to deal with public debate heating up over the number of proposed liquefied natural gas (LNG) import terminals being built around the nation and the growing amount of imported LNG bent on entering the U.S. marketplace to capture soaring market values.

Diversity of supply adds up to security of supply, Tim Bullock, president of BP Gas and Power North America, told about 1,200 Rocky Mountain producers gathered in Denver last week. “We’re going to need all of it, all sources of supply, including Alaskan gas and LNG, if we’re going to keep the price of natural gas at a level that allows demand to continue to grow,” he said.

Diversity of supply adds up to security of supply, Tim Bullock, president of BP Gas and Power North America, told about 1,200 Rocky Mountain producers gathered in Denver Tuesday. “We’re going to need all of it, all sources of supply, including Alaskan gas and LNG, if we’re going to keep the price of natural gas at a level that allows demand to continue to grow,” he said.

After six years, the only thing that Millennium Pipeline sponsors can do is sit and wait. The 442-mile, 700 MMcf/d gas pipeline project from Lake Erie to New York City is supposed to be in service in November 2005, but a little known federal law has left the project in limbo.

After six years, the only thing that Millennium Pipeline sponsors can do is sit and wait. The 442-mile, 700 MMcf/d gas pipeline project from Lake Erie to New York City is supposed to be in service in November 2005, but a little known federal law has left the project in limbo.

Agreeing on some points and differing on others, meteorologists and forecasters are scrambling to diagnose the remaining months of summer. “The last 10 days of June are showing the true nature of the summer temperature and pattern ideas where they are hooked up with each other,” said AccuWeather Expert Senior Meteorologist Joe Bastardi. “Time will tell.”