The New York Public Service Commission voted Thursday to direct the state’s regulated natural gas utilities to file special cost-based rates for gas delivery to residential customers that have their own on-site “distributed” power generation. The new rates are expected to be lower than those currently in place.
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Fort Worth-based producer Quicksilver Resources Inc. has hired Diane Weaver to direct investor relations. In addition, Weaver’s duties will include oversight of the company’s media relations and community relations activities. She replaces John Gremillion, who has retired. Weaver, who is a certified and licensed public accountant in the State of Texas, has more than 20 years of oil and gas financial, risk management, tax and regulatory experience. She spent 19 years with Union Pacific Resources Group (UPR) prior to its 2000 merger with Anadarko Petroleum Corp. At UPR, Weaver served as manager of regulatory affairs and senior assistant corporate secretary. Recently she was a senior financial reporting accountant for producer XTO Energy, also based in Fort Worth.
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NiSource Inc. Vice Chairman Stephen P. Adik announced Monday morning that he will retire Dec. 31, 2003. ending his direct involvement with the company and its predecessor after 16 years of service. “Although we respect Steve’s decision to retire,” said Gary L. Neale, CEO of NiSource, “we will miss his integrity, dedication, leadership, strategic insight and knowledge of the business. In the past 16 years, as a senior member of the management team at NiSource, Steve has played a key role in the growth and diversification of NiSource into a major regional gas and electric company. Adik has agreed to remain a member of the company’s board of directors. Adik, 60, joined NiSource predecessor Northern Indiana Public Service Co. in 1987 as vice president and general manager of the corporate support group. Prior to becoming vice chairman, he was senior executive vice president and CFO.
ConocoPhillips CEO Describes Energy Bill as ‘Natural Gas Lite’
In a direct plea to House-Senate negotiators on the energy bill, ConocoPhillips Chairman and CEO James Mulva on Thursday called on conferees to “reconsider” their objections to providing Alaska gas producers with subsidies to offset the risks associated with building a proposed pipeline from the North Slope to the Lower 48 states.
Gas Buyers Forum: It’s Not Just the Price of Gas
Re-creating the natural gas market through direct producer-consumer connections is going to be difficult for both sides, as they incorporate into their planning the functions once performed by the middle-man trading sector. In addition to price, the term and the credit arrangements tied to a supply contract are key factors a gas buyer needs to consider when negotiating, according to representatives of industrials and local distribution companies (LDCs) who spoke Wednesday at the LDC Forum in Chicago sponsored by Interchange Energy.
Gas Buyers Forum: It’s Not Just the Price of Gas
Re-creating the natural gas market through direct producer-consumer connections is going to be difficult for both sides, as they incorporate into their planning the functions once performed by the middle-man trading sector. In addition to price, the term and the credit arrangements tied to a supply contract are key factors a gas buyer needs to consider when negotiating, according to representatives of industrials and LDCs who spoke Wednesday at the LDC Forum in Chicago sponsored by Interchange Energy.
FERC’s Proposed Anti-Manipulation Rules Stir Comment
Even though the Federal Energy Regulatory Commission has direct authority to impose its proposed “code of conduct” only on pipelines and LDCs and their affiliates by attaching it to blanket sales certificates, the California Public Utilities Commission (CPUC) believes “this is a sufficiently large group of sellers of natural gas to warrant adoption of the rules…since many of the affiliates of interstate pipelines or LDCs are among the largest natural gas marketers in the nation” (RM03-10).
FERC’s Proposed Anti-Manipulation Rules Stir Comment
Even though the Federal Energy Regulatory Commission only has direct authority to impose its proposed “code of conduct” on pipelines and LDCs and their affiliates by attaching it to blanket sales certificates, the California Public Utilities Commission (CPUC) believes “this is a sufficiently large group of sellers of natural gas to warrant adoption of the rules…since many of the affiliates of interstate pipelines or LDCs are among the largest natural gas marketers in the nation” (RM03-10).
California Firm Offers Public a Direct Pipeline to FERC
A San Francisco-based long distance, credit card and wireless services company is providing a platform for its customers to make known their opinions to officials at the Federal Energy Regulatory Commission and other areas of government.
Senate Cancels Energy Mark-Ups, Addresses ‘Critical’ Issues
At the direct urging of Majority Leader Tom Daschle (D-SD), Senate Energy Committee Chairman Jeff Bingaman (D-NM) did a complete about-face Tuesday and suspended formal mark-ups of comprehensive energy legislation and a national energy security bill for this session of Congress, in favor of a stripped down set of only the most critical issues.