Alleging there is evidence that its customers would be overcharged by more than $1.4 billion, Pacific Gas and Electric Co. filed a suit last Tuesday in a state Superior Court in Sacramento asking that the state’s power-buying agency, the Department of Water Resources (DWR), be forced to hold a public hearing to determine if its estimated $13 billion in power purchases are accurate.
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Transportation Notes
Sonat reported discovering a small leak in its 8-inch Pointe a la Hache line in southeastern Louisiana. Sonat declared a force majeure and shut in the Pointe a la Hache receiving station. Nominations through the line ceased to be scheduled Friday until completion of the repairs, which are expected to take about five days.
House Dems Gather Support for Price Cap Legislation
Democrats in the House of Representatives last Wednesday hit the ground running in their efforts to force consideration of energy price-cap legislation on to the House floor. Democrats, who need signatures from 218 members in order to move the price-cap bill sponsored by Rep. Jay Inslee (D-WA) directly to the House floor, had already collected more than half the required number of signatures as of last week.
House Dems Gather Support for Price Cap Legislation
Democrats in the House of Representatives yesterday hit the ground running in their efforts to force consideration of energy price-cap legislation on to the House floor. Democrats, who need signatures from 218 members in order to move the price-cap bill sponsored by Rep. Jay Inslee (D-WA) directly to the House floor, had already collected more than half the required number of signatures as of late Wednesday.
Market Shows Up in Force for CA Sonoran Pipeline
The proposed Sonoran Pipeline project crossed its first hurdle yesterday as potential shippers expressed interest in an adequate amount of capacity on the proposed 1,030-mile gas pipeline. However, the market seemed to make those hurdles a bit taller as gas prices closed in on $2 in the Rockies and plummetting to nearly $5 at the border.
TX Refund Bill Faces Tight Deadline To Cross Legislature Finish Line
A bill that could force Texas electric utilities to start offering significant refunds to customers early next year passed a key Texas House panel earlier this month, but now faces a series of hurdles that it must clear before the current session of the Texas Legislature expires at the end of May. That’s a tight deadline, but one that could be met, a spokesperson for Texas-based TXU Electric told NGI.
Texas Refund Bill Faces Tight Deadline
A bill that could force Texas electric utilities to start offering significant refunds to customers early next year passed a key Texas House panel last week, but now faces a series of hurdles that it must clear before the current session of the Texas Legislature expires at the end of next month. That’s a tight deadline, but one that could be met, a spokesperson for Texas-based TXU Electric told NGI last week.
Alaska Senate Bill Blocks Pipe from North Slope to Mackenzie
The Alaska senate is trying to force North Slope gas producers to build a pipeline through the state and down the Alaska highway rather than across the Beaufort Sea and down the Mackenzie River to Alberta. The Mackenzie River route would be about 400 miles shorter and possibly much cheaper. Producers worry the measure could significantly change the economics of gas development there.
Transportation Notes
CIG declared force majure late Friday afternoon at its mainlineRawlins Compressor Station in Carbon County, WY after a compressorengine experienced problems and had to be taken out of service. CIGanticipates having the unit back in service by the April 7 gas day.There was no impact on scheduled services, a spokesman said Monday.