Pacific Northwest water flows, which can influence summer energy supplies throughout the West, are likely to differ greatly between the northeasterly and southeasterly parts of the four-state and far western Canada region, according to the latest analysis from the Northwest Power and Conservation Council (NPCC). Below-average steam flows can be expected in the Snake River basin and eastern Oregon in the southern part of the Columbia River Basin, but flows are expected to be near or just slightly below normal in the upper Columbia and main Columbia River this spring and summer. “The highest runoff forecast in the basin can be found in the upper Columbia in British Columbia,” NPCC Manager Jim Ruff told the NPCC board. He also concluded that with an only slightly below-normal snowpack as of April 1, it is likely there will be a good summer runoff at near-normal levels in the main Columbia River this spring-summer season. NPCC’s latest analysis follows the Northwest River Forecast Center predicting that river flows for the first seven months this year will be about 89% of normal, and the fact that they are that high is attributable to much higher-than-normal precipitation last fall (see Daily GPI, April 8).
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Pennsylvania Impact Fee Moves, But Slowly
A Pennsylvania Senate committee moved Marcellus Shale impact fee legislation forward on Wednesday, but observers suggest that the move is mainly procedural and say there is still much work to be done.
Differences Arise Among NW State Regulators
The views of northwestern utility regulators can differ widely on topics such as climate change, renewable energy, natural gas policy and the development of new nuclear power generation, as revealed by remarks heard Jan. 14 at an industry conference in Seattle.
Differences Emerge Among Northwestern State Regulators
The views of northwestern utility regulators can differ widely on topics such as climate change, renewable energy, natural gas policy and the development of new nuclear power generation, as revealed by remarks heard Monday at an industry conference.
Enterprise MLP Duncan Energy Plans IPO in Early 2007
Duncan Energy Partners LP, a master limited partnership (MLP) created by a subsidiary of Houston-based Enterprise Products Partners LP, on Thursday filed a Form S-1 with the Securities and Exchange Commission (SEC) to raise up to $313.95 million for an initial public offering (IPO). The IPO, expected to spin off in early 2007, initially will own some of Enterprise’s Gulf Coast midstream assets, including its Mont Belvieu facilities.
Forecasters Differ on Temperature Outlook
New York City-based Weather 2000 said that while it is far too early to predict any specific early fall warm-ups or technical Indian Summer episodes, “our old friend,” the Warm-West/Cool-East Pattern, is expected to “stay for September.”
Forecasters Differ on Temperatures, But Agree on Sept. Hurricane Activity
While taking somewhat different sides regarding what areas of the country will be warm over the next few months, forecasting firms Weather 2000 and AccuWeather Inc. agree that the Southeast and South Central areas of the United States probably are in for an active September as far as tropical storm/hurricane activity is concerned.
BP Projects 2Q Operation Levels
While noting that the figures may differ quite considerably from the final numbers that will be reported on July 29, BP on Wednesday released a trading update that provided an overview of the revenue and trading conditions it experienced during the second quarter ending June 30, 2003.
Weather Forecasters Differ Over January, 1Q Temps
While the National Oceanic and Atmospheric Administration (NOAA) continues to see a moderating influence of El Nino producing warmer than normal winter temps across the northern half of the country straight on through March 2003, other forecasters are pointing out that prediction has been wrong so far and will continue to be wrong.
Futures Falter; Opinions Differ on Next Price Move
After sailing 27.5 cents higher in a three-day price advance last week, natural gas futures hit the buying doldrums Friday as traders elected to liquidate new positions rather than go home for the weekend long and risk an adverse price move Monday. The dissipation of Tropical Depression 2 prompted a mammoth 4-cent gap lower open and the August contract never recovered, closing 17.8 cents lower for the day at $3.25. Estimated volume was relatively light as only 52,913 contracts changed hands.
