Pacific Gas and Electric Co. said it has fulfilled four of the 12 safety recommendations outlined by the National Transportation Safety Board following the natural gas transmission pipeline explosion that killed eight people in San Bruno, CA, two years ago. The San Francisco-based combination utility said it expects to satisfy two more recommendations in early 2013, which include validating maximum allowable operating pressures (MAOP) for all transmission pipelines. Recommendations completed include an emergency response procedure, 911 notifications from the utility’s gas control room, toxicological tests for employees involved in major incidents, and updating the utility record keeping system that tracks the MAOP for critical pipeline segments.
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Colorado Independent Considering Asset Sale
Denver-based United States Exploration Inc. (UXP), whose oil and gas assets are concentrated in northeastern Colorado, Tuesday said it is considering selling some assets to increase the value and liquidity of the company.
Cross Bay Files to Increase NG Deliveries to NYC
It’s taken a little longer than expected, but on Friday, Cross Bay Pipeline Co. LLC of Houston fulfilled a two-year plus dream by filing an application with the Federal Energy Regulatory Commission to increase natural gas deliveries into the New York City metropolitan area by 125,000 Dth/d. The proposed project now has an in-service date of Dec. 1, 2002.
Cross Bay Files to Increase Deliveries to NYC
It’s taken a little longer than expected, but on Friday, CrossBay Pipeline Co. LLC of Houston fulfilled a two-year plus dream byfiling an application with the Federal Energy Regulatory Commissionto increase natural gas deliveries into the New York Citymetropolitan area by 125,000 Dth/d. The proposed project now has atargeted in-service date of Dec. 1, 2002.
‘Sticker Shock’ Shakes Up California Market
Energy industry giants, consumers and state energy policymakersmay all get their wishes fulfilled following a daylong “emergencysummit” last Wednesday in San Diego that was called to grapple withthe electricity supply and price crunch that has characterizedsummer 2000 in the southern end of California.
‘Sticker Shock’ in CA Shakes Up Market
Energy industry giants, consumers and state energy policymakersmay all get their wishes fulfilled following a daylong “emergencysummit” Wednesday in San Diego that was called to grapple with theelectricity supply and price crunch that has characterized summer2000 in the southern end of California.
Expectations of Rising Weekend Prices Fulfilled
As traders had expected, prices used Thursday afternoon’s andFriday morning’s futures strength as a springboard to achieveincreases that were mostly between a nickel and a dime Friday.
Fulfilled Predictions of Cash Plunge Called a No-Brainer
To the surprise of absolutely no one, cash prices plunged acrossthe board Tuesday. It was an easy call to make considering theresidual effect of Monday afternoon’s steep screen dive and warmingweather trends that are likely to get even warmer next week,sources said.
Expectations of Weekend Price Plunge Fulfilled
When futures took a steep dive after cash trading had beencompleted Thursday, it didn’t take a rocket scientist to predictthat cash prices would be headed into the dumpster Friday. Sureenough, quotes for the weekend were way down. Most of the declineswere between 10 and 25 cents, but some in Appalachia and theNortheast reached the 40-50 cents range. The smaller drops tendedto be concentrated at western points.
