Following in the footsteps of gas pipelines, major producershave asked the federal government to reject an independentproducer-backed petition that seeks to have tariffs imposed oncrude oil imports from four foreign countries accused of illegaldumping.
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Market Finds Trading Range Ahead of AGA Data
Following the lead established late Monday, natural gas futurescontinued higher yesterday day as short-term traders bought intothe rally. The August contract closed up 3.2 cents at $2.176,shortly after notching its $2.18 high trade for the day.
CPUC Finds 10 Areas Requiring More Gas Restructuring
California energy regulators last week identified 10 items forpotential natural gas industry restructuring, most of which dealwith wholesale or large customer operations. State regulators alsoencouraged utilities and large customers to cease their bickeringand come up with a broad-based settlement on gas unbundling.
BGE Seeks FERC Waiver for Customer Choice
Following the leads of Atlanta Gas Light and National Fuel,Baltimore Gas & Electric (BGE) last week requested a 17-monthwaiver of FERC’s “shipper-must-have-title” policy in order tomaintain gas supply reliability when its customer choice program isexpanded to all of its 540,000 residential customers in November.
With Full Competition Approaching, BGE Seeks Waiver of FERC Rules
Following the leads of Atlanta Gas Light and National Fuel,Baltimore Gas & Electric (BGE) last week requested a 17-monthwaiver of FERC’s “shipper-must-have-title” policy in order tomaintain gas supply reliability when its customer choice program isexpanded to all of its 540,000 residential customers in November.
FERC’s Larcamp on Convergence
The Federal Energy Regulatory Commission has been putting somemeat on the bones of its FERC First restructuring efforts,following up the announcement of a new director, with that of a newdeputy director of the merged Office of Markets, Tariffs and Rates(OMTR) and a new Office of Energy Projects (OEP).
Telecom Cable Following Pipeline Rights of Way
Not content to converge just with electricity, the gas industryis turning to telecommunications. Specifically, pipelines arefinding their rights of way make sense for the routing offiber-optic telecommunications cable.
NGSA Taps Horvath as New Leader
A former pipeline lobbyist has been tapped to steer the NaturalGas Supply Association (NGSA) back on course following the scandalin which its former president, Nicholas J. Bush, allegedly swindled$2.8 million from the group.
Horvath Tapped to Guide NGSA Out of Dark
A former pipeline lobbyist has been tapped to steer the NaturalGas Supply Association (NGSA) back on course following the scandalin which its former president, Nicholas J. Bush, allegedly swindledit out of about $2.8 million.
Bears Draw First Blood, Send June Below $2.20
Following last Friday’s near price-stalemate, bears were quickout of the blocks yesterday, and within the first hour of tradingthe June contract reached it’s lowest level since April 19. Themarket received a slight buying boost before the noon hour, butsellers were at it again yesterday afternoon, carving out a $2.145low in choppy trading activity. The June contract finished at$2.176, down 4.9 cents for the session.