Emerged

A more comprehensive legislative proposal emerged in CaliforniaMonday designed to stabilize power prices and save the state’s twoprincipal investor-owned utilities from bankruptcy. But it camewith what would be a high price for deregulation advocates, namelythe state taking over the utilities’ hydroelectric generation andtransmission assets. In Washington DC, a Senate bill was introducedthat would give the Department of Energy (DOE) the power to setregional price caps on bulk power transactions in western states.

As it ended its annual conference in San Antonio last week, theInterstate Oil and Gas Compact Commission emerged with an agendacalling for new tax and public policy incentives to increasenatural gas production in the United States. The 30-stateorganization re-issued its call for a national energy policy andurged Congress to give tax breaks to exploration and developmentcompanies.

As it ended its annual conference in San Antonio this week, theInterstate Oil and Gas Compact Commission emerged with an agendacalling for new tax and public policy incentives to increasenatural gas production in the United States. The 30-stateorganization re-issued its call for a national energy policy andurged Congress to give tax breaks to exploration and developmentcompanies.

With the growing inadequacies in both natural gas andelectricity delivery systems that emerged as part of the summer’swholesale electricity market problems, California regulatorsThursday ordered separate statewide investigations of bothinfrastructures with an emphasis on the gas side in Sempra Energy’sterritory in the southern end of the state.

Prices emerged from the weekend to move higher in fairly quietactivity Monday, mostly in amounts of a nickel or less. Theoutperforming points were concentrated in California and theNortheast.

KN Gas Services emerged as the market leader from thethree-month-long Agricultural Choice Gas Program in Nebraska, as itsigned 36% of the customers who participated in the program. Theresults of the pilot program were released last week by KN Energy.

KN Gas Services emerged as the market leader from thethree-month-long Agricultural Choice Gas Program in Nebraska, as itsigned 36% of the customers who participated in the program. Theresults of the pilot program were released yesterday by KN Energy.

Fresh competition has emerged for TransCanada PipeLines Ltd.’sNova gas-gathering grid in Alberta – this time from its neighbor tothe east in Saskatchewan.

Fresh competition has emerged for TransCanada PipeLines Ltd.’sNova gas-gathering grid in Alberta — this time from its neighborto the east in Saskatchewan.