Rep. Lee Terry (R-NE) has re-introduced legislation aimed at fostering meaningful expansion of the nation’s capacity to receive liquefied natural gas (LNG). The bill is “exactly similar” to the one that the House lawmaker introduced last May (see Daily GPI, May 21, 2004).
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PG&E Retail Gas Rates Down 64%, Compared to Last Year
On the heels of a statewide cold snap fostering near-record natural gas send-outs late last month, Pacifiic Gas and Electric Co. last week reported that its retail natural gas rates are down by 64% from their record high a year ago in the midst of California’s energy price/supply crisis. The average retail bill expected this month is about $41, based on a 27 cents/therm wholesale cost, compared to average bills for February 2001 of $113, based a $1.28/therm wholesale cost.
February 11, 2002
PG&E Retail Gas Rates Down 64%, Compared to Last Year
On the heels of a statewide cold snap fostering near-record natural gas send-outs last week, Pacifiic Gas and Electric Co. Monday reported that its retail natural gas rates are down by 64% from their record high a year ago in the midst of California’s energy price/supply crisis. The average retail bill expected this month is about $41, based on a 27 cents/therm wholesale cost, compared to average bills for February 2001 of $113, based a $1.28/therm wholesale cost.
February 5, 2002
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