Depending

Prices for natural gas by 2020 could more than double to $13.76 depending on whether policy makers enact bold measures to expand the U.S. gas supply in the upcoming years, according to a new report to be released by the American Gas Foundation (AGF) later this month.

Prices for natural gas by 2020 could more than double to $13.76 depending on whether policy makers enact bold measures to expand the U.S. gas supply in the upcoming years, according to a new report to be released by the American Gas Foundation (AGF) later this month.

Depending on how well the U.S. economy fares going forward, Dynegy Inc. will not only recover, but will be an active player as the power sector consolidates, CFO Nick Caruso said last week.

Depending on how you look at it, there was good news and bad news for Aquila Inc. last week. Moody’s Investors Service and Standard & Poor’s (S&P) Ratings Services both cut the Kansas City-based company’s credit rating, with Moody’s dropping it to “junk” status. However, S&P kept its investment-grade rating, which may ease credit concerns in the near term.

Portland, OR-based Northwest Natural Gas Co. last week activated a $109 million annual retail rate increase, or an average of 20% for customers in Oregon, reflecting the natural gas utility’s reliance on mostly long-term, fixed-price supply contracts costing about $322 million signed early in the year when wholesale prices hovered in the $4 to $5/MMBtu range.

Portland, OR-based Northwest Natural Gas Co. Monday activated a $109 million annual retail rate increase, or an average of 20% for customers in Oregon, reflecting the natural gas utility’s reliance on mostly long-term, fixed-price supply contracts costing about $322 million signed early in the year when wholesale prices hovered in the $4 to $5/MMBtu range.

Chevron U.S.A. Production Co. reported that oil and gas production began July 29 at its most recent deepwater Gulf of Mexico prospect. Depending upon well performance, production from the Typhoon field is expected to reach about 40,000 b/d of crude oil and about 60 MMcf/d during the fourth quarter 2001. Chevron estimates the commercial life of the Typhoon field to be five to eight years.

Depending on your perspective, California either moved towardfuture solutions to its nagging energy crisis or took several stepsbackward yesterday with the launch of its electricity bulk buyingprogram for long-term, fixed-price supplies.

Reliant Energy’s Houston Lighting & Power (HL&P) couldbe on the hook for millions depending upon punitive damagesassessed in a case that has hit the utility with $4.2 million inactual damages awarded to three Texas cities. Lawyers for theplaintiffs last week suggested a punitive award in the range of $40million would be appropriate.