Ending

With expansion overseas ending in retreat and the continuing liquidity and regulatory problems plaguing natural gas and power utilities, U.S. executives remain perplexed over the market’s direction, according to a new study by PricewaterhouseCoopers (PWC).

With expansion overseas ending in retreat and the continuing liquidity and regulatory problems plaguing natural gas and power utilities, U.S. executives remain perplexed over the market’s direction, according to a new study by PricewaterhouseCoopers (PWC).

Northern Natural Gas did not extend a System Overrun Limitation for all market-area zones beyond Friday, ending it after a two-day run.

Ending months of doubt over the fate of a FERC designee, the White House has re-nominated Joseph T. Kelliher to one of two vacant seats on the Federal Energy Regulatory Commission. Kelliher, a senior policy advisor at the Department of Energy (DOE), would succeed former Commissioner Linda K. Breathitt, whose term expired in December.

Ending months of doubt over the fate of a FERC designee, the White House last week re-nominated Joseph T. Kelliher to one of two vacant seats on the Federal Energy Regulatory Commission. Kelliher, a senior policy advisor at the Department of Energy (DOE), would succeed former Commissioner Linda K. Breathitt, whose term expired in December.

The 159 Bcf gas storage withdrawal for the week ending Dec. 13, announced Thursday by the Energy Information Administration (EIA), is “right smack in the middle of the range” for the same period over the past nine years, an energy expert said Thursday. However, the large withdrawals in recent weeks indicate that by next summer, supplies will be tight, ensuring that natural gas prices will be higher — already reflected in the futures market.

Ending a five-day, one-dollar price spike, natural gas futures filtered lower Tuesday as traders alleviated overbought conditions and hedged against the possibility of a smaller-than-expected storage withdrawal report Thursday. Cash prices and crude oil futures, both of which have been supportive lately, turned lower Tuesday, pulling the natural gas futures market along with it.

Ending nearly a year-long skirmish between the executive and legislative branches of government, a federal judge ruled last Monday Vice President Dick Cheney does not have to turn over information and records on meetings with energy executives and companies that aided a Cabinet-led task force in developing the Bush administration’s national energy policy.

Ending nearly a year-long skirmish between the executive and legislative branches of government, a federal judge ruled Monday Vice President Dick Cheney doesn’t have to turn over information and records on meetings with energy executives and companies that aided a Cabinet-led task force in developing the Bush administration’s national energy policy.