Eventually

FERC Chief Administrative Law Judge Curtis L. Wagner, citing progress toward settling at least 80% of an estimated 24 long-term contracts in dispute between power suppliers and California’s Department of Water Resources (DWR), said late last Tuesday he was scheduling additional settlement meetings for Aug. 28-30.

California regulators this week are slated to take a criticalstep in eventually opening the natural gas industry to morecompetition when they decide whether to follow staffrecommendations and push for a natural gas consumer protection lawwhen the state legislature reconvenes next month. Staff at theCalifornia Public Utilities Commission are asking the five-memberregulatory body to adopt a proposed consumer protection bill. Thisis in response to the state legislature, which has openly expressedconcerns about unbundling natural gas to the same degree as thestate’s electric industry because of customer and public safetyissues related to the distribution and use of gas.

California regulators this week (Dec. 16) are slated to take acritical step in eventually opening the natural gas industry tomore competition when they decide whether to follow staffrecommendations and push for a natural gas consumer protection lawwhen the state legislature reconvenes next month. Staff at theCalifornia Public Utilities Commission are asking the five-memberregulatory body to adopt a proposed consumer protection bill thatwas outlined last August as part of a report to the statelegislature, which has openly expressed concerns about unbundlingnatural gas to the same degree as the state’s electric industrybecause of customer and public safety issues related to thedistribution and use of gas.

Though the May Henry Hub futures contract eventually settled fora small gain of less than a penny, it was the screen’s morningflirtation with the $2.15-17 area that got most of the credit for astrong performance Tuesday by the cash market. Cash rises tended tofade out going westward to virtually nothing in California trading,but virtually all eastern points were up at least a nickel and inmany cases saw increases approaching a dime.

Duke Energy Power Services (DEPS) has signed a 10-year leasewith the Port of San Diego to operate and eventually replace the706 MW South Bay Power Plant located just south of San Diego in thecity of Chula Vista.

A five-fold increase in drilling discoveries will eventually beneeded if Canadian producers are to keep up with expanded marketsfor their natural gas, according to a just-completed supply reviewthat comes virtually from the horse’s mouth.

A five-fold increase in drilling discoveries will eventually beneeded if Canadian producers are to keep up with expanded marketsfor their natural gas, according to a just-completed supply reviewthat comes virtually from the horse’s mouth.