The Republican-led Senate fended off a Democratic drive Thursday to levy a controversial windfall profits tax on the earnings of major energy companies as part of a $60 billion tax reconciliation package.
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NGI The Weekly Gas Market Report
Western States Fend Off Sweltering Temps, Soaring Demand
Power grids in California, Nevada and Arizona last week fended off soaring temperatures and a resulting flood of demand for electricity. Power providers in Nevada and Arizona were reporting new records for system peaks, while the California Independent System Operator (CAISO) declared restricted maintenance days for power facilities and asked Californians to reduce energy usage.
July 18, 2005
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