Exceeding

Pacific Gas and Electric belatedly issued a systemwide Stage 2 high-inventory OFO for Wednesday on its California Gas Transmission system, setting penalties of $1/Dth for exceeding a positive imbalance of 8%. The OFO was extended through Thursday, when the tolerance will tighten to 5%.

Pacific Gas and Electric issued a systemwide Stage 2 high-inventory OFO on its California Gas Transmission system for Friday, setting the penalty for exceeding a 5% tolerance on positive daily imbalances at $1/Dth.

Pacific Gas and Electric declared a new systemwide Stage 2 OFO for Saturday on its California Gas Transmission system, setting penalties of $1/Dth for exceeding a 5% tolerance on positive daily imbalances.

Pacific Gas and Electric issued a systemwide Stage 2 high-inventory OFO for Thursday on its California Gas Transmission system, setting penalties of $1/Dth for exceeding a 5% tolerance on positive daily imbalances.

Southern California Gas declared a high-linepack OFO for Saturday, with Buy-Back penalties applying to deliveries exceeding 10% of nominated quantities.

Pacific Gas and Electric issued a systemwide Stage 2 high-inventory OFO for Thursday on its California Gas Transmission system. The penalty for exceeding a 5% tolerance on positive daily imbalances is $1/Dth.

Chevron Corp., the second largest U.S. energy company, on Friday reported its largest profit jump in at least 10 years, exceeding Wall Street estimates.

The only way to get rid of enough gas this year in order to keep supply from exceeding storage cavern capacity is for coal-fired power generators to back down like they did last year and make room for more generation from gas-fired plants, analysts at Barclays Capital said last week when they cut their 2010 gas price forecast to $4.17/MMBtu.

The only way to get rid of enough gas this year in order to keep supply from exceeding storage cavern capacity is for coal-fired power generators to back down like they did last year and make room for more generation from gas-fired plants, analysts at Barclays Capital said Tuesday.