Exorbitant

ExxonMobil Corp.’s new CEO Rex Tillerson took it on the chin from disgruntled shareholders Wednesday listening to complaints about high fuel prices, exorbitant executive pay, underfunded pension plans and lack of a clear policy on alternative energy. But in the end, the protests — loud but mostly polite — failed to make much of a difference.

The Citizens Utility Board (CUB) on Wednesday asked Illinois state regulators to act on a series of proposed measures to help consumers cope with the exorbitant heating bills predicted for this winter, and in the future. In a letter to the Illinois Commerce Commission (ICC), CUB urged the agency to coordinate several short-term and long-term actions to assist natural gas customers.

Despite exorbitant price spikes in natural gas and deregulation setbacks in various markets around the country, a new study released by the American Gas Association (AGA) revealed that an increasing number of small businesses and other commercial customers are purchasing their natural gas supplies from someone other than the local utility, continuing the evolution of competition in the natural gas industry.

Despite exorbitant price spikes in natural gas and deregulation setbacks in various markets around the country, a new study released by the American Gas Association (AGA) revealed that an increasing number of small businesses and other commercial customers are purchasing their natural gas supplies from someone other than the local utility, continuing the evolution of competition in the natural gas industry.

The exorbitant increase in installed capacity charges (ICAP) during the first quarter 2001 within the PJM market (Pennsylvania, New Jersey and Maryland) was not cost-based, will not assure the reliable supply of energy from power plants and threatens to destroy the competitive market, The New Power Company (TNPC) said last Wednesday at a press conference in Washington, D.C.

The exorbitant increase in installed capacity charges (ICAP) during the first quarter 2001 within the PJM market (Pennsylvania, New Jersey and Maryland) was not cost-based, will not assure the reliable supply of energy from power plants, and threatens to destroy the competitive market, The New Power Company (TNPC) said on Wednesday at a press conference in Washington, D.C.