Enough

Higher production volumes weren’t enough to halt the earnings decline stemming from substantially reduced prices among independent oil and gas producers in the third quarter, according to Energy Performance Review, which maintains a line-of-business financial and operating database.

As if the spiraling decline in natural gas spot prices was not enough to give producers pause, natural gas and oil field operating costs are now on the rise, according to Ziff Energy Group’s 2001 study of 200 oil and gas fields in Western Canada.

As if the spiraling decline in natural gas spot prices was not enough to give producers pause, natural gas and oil field operating costs are now on the rise, according to Ziff Energy Group’s 2001 study of 200 oil and gas fields in Western Canada.

Rising energy prices have acted like a tax on businesses and consumers and have not received enough attention as a cause of the U.S. economic slowdown, Federal Reserve Board Chairman Alan Greenspan told International Monetary Conference delegates in Singapore last week. However, with oil and natural gas prices declining, he expects less pressure on businesses and consumers.

Rising energy prices have acted like a tax on businesses and consumers and have not received enough attention as a cause of the U.S. economic slowdown, Federal Reserve Board Chairman Alan Greenspan told International Monetary Conference delegates in Singapore yesterday. However, with oil and natural gas prices declining, he expects less pressure on businesses and consumers.

Electric generating capacity and purchases from out-of-state should provide enough of a cushion to assure adequate power supplies to meet Michigan’s peak air-conditioning load this summer, according to a report recently issued by the Michigan Public Service Commission (MPSC).

Although Illinois is showing positive signs of retail market growth, questions remain as to whether the wholesale market in Illinois is robust enough to support a competitive retail market, according to a recent report by the Illinois Commerce Commission (ICC) assessing retail and wholesale market competition in the state’s electric industry.

Although Illinois is showing positive signs of retail market growth, questions remain as to whether the wholesale market in Illinois is robust enough to support a competitive retail market, according to a recent report by the Illinois Commerce Commission (ICC) assessing retail and wholesale market competition in the state’s electric industry.

Electric generating capacity and purchases from out-of-state should provide enough of a cushion to assure adequate power supplies to meet Michigan’s peak air-conditioning load this summer, according to a report recently issued by the Michigan Public Service Commission (MPSC).