Drew

Dynegy last week drew a sharper bead on energy convergence,jettisoning all of its U.S. crude oil operations.

Independence and MarketLink pipeline sponsors were forced to runthe gauntlet last week at a special FERC conference. The event drewbuses filed with t-shirted crowds of pipeline supporters and anopposing army of congressmen, state representatives, localpoliticians and landowner advocates, the likes of which hasn’t beenseen at the Commission since the Iroquois Pipeline project wasproposed in the early 1990s.

Oklahoma Attorney General Drew Edmondson is appealing the Oklahoma Corporation Commission’s (OCC) preliminary approval of a stipulation agreement between the OCC and Oneok (parent of Oklahoma Natural Gas). The agreement consolidates two ongoing rate cases and provides for an interim rate reduction for Oklahoma customers of ONG and Kansas Gas Service of $5 million per year beginning in September. The attorney general maintains a larger rate reduction may be in order.

Oklahoma Attorney General Drew Edmondson is appealing theOklahoma Corporation Commission’s (OCC) preliminary approval of astipulation agreement between the OCC and Oneok (parent of OklahomaNatural Gas) that consolidates two ongoing rate cases and providesfor an interim rate reduction for Oklahoma customers of ONG andKansas Gas Service of $5 million per year beginning in September.The AG maintains a larger rate reduction may be in order.

Oklahoma Attorney General Drew Edmondson last week accusedOklahoma Corporation Commissioners of having improper discussionswith ONG during recent settlement negotiations and has asked eachcommissioner to recuse him/herself from the proceedings if suchdiscussions indeed happened. None of the three commissioners agreedto do so.

Oklahoma Attorney General Drew Edmondson told the state’sCorporation Commission the proposal by Oklahoma Natural Gas (ONG)to combine deregulation with an ongoing rate case at the OCC is notin ratepayers’ best interest.