The Northern California Gas Authority (NCGA), a financing conduit for public power sector generators, has felt the domino effect of the Wall Street credit meltdown, being placed on “watch for a downgrade” of its “A1” credit rating last Thursday by Moody’s Investors Service, following the credit agency’s downgrade of Morgan Stanley. Some $758 million of series A and B 2007 bonds held by the gas authority are tied to Morgan Stanley and other Wall Street firms caught in the credit collapse.
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Report: U.S. GHG Limits Could Hasten Atlantic Basin Connectivity
Whether and by how much emissions of greenhouse gases (GHG) by U.S. power generators are restricted in the future will have a large impact on the evolving Atlantic Basin gas market, a new report claims.
Report: U.S. GHG Limits Could Hasten Atlantic Basin Connectivity
Whether and by how much emissions of greenhouse gases (GHG) by U.S. power generators are restricted in the future will have a large impact on the evolving Atlantic Basin gas market, a new report claims.
NatGas Purchasers Looking for Spring Price Dips Need to be Nimble
Utilities, power generators and industrial end-users are going to have to pick their spots and move quickly to secure lower-priced natural gas in the increasingly higher-priced and challenging market, according to Val Trinkley of EnergyUSA, a NiSource company, who will be conducting a strategy workshop at GasMart 2008 in Chicago May 20-22.
NatGas Purchasers Looking for Spring Price Dips Need to be Nimble
Utilities, power generators and industrial end-users are going to have to pick their spots and move quickly to secure lower-priced natural gas in the increasingly higher-priced and challenging market, according to Val Trinkley of EnergyUSA, a NiSource company, who will be conducting a strategy workshop at GasMart 2008 in Chicago May 20-22.
S&P: Merchant Fortunes Linked to Gas Prices
The profitability of merchant power generators is largely linked to natural gas prices and industrial gas demand destruction as well, as domestic exploration and production success could yield long-term benefits for the sector, according to Standard & Poor’s Ratings Services (S&P).
NGVAmerica: Natural Gas Cars Are the Answer to High Oil Prices
With oil futures prices reaching a record $100/bbl on Wednesday and Thursday, power generators and other traditional natural gas users may soon find themselves competing with everyday drivers for the precious commodity, if NGVAmerica has anything to say about it.
S&P: Merchant Fortunes Linked to Gas Prices
The profitability of merchant power generators is largely linked to natural gas prices and industrial gas demand destruction as well, as domestic exploration and production success could yield long-term benefits for the sector, according to Standard & Poor’s Ratings Services (S&P).
GasMart Brings Natural Gas Market Network Center to Chicago
Natural gas buyers, from metals companies to food and paper processing conglomerates, power generators and some of the largest chain stores, all will be attending the GasMart 2007 conference hosted by Intelligence Press Inc. (IPI) in the Hyatt Regency McCormick Place Hotel in downtown Chicago, May 9-11. This 21st annual event features an all-new focus on its exclusive Market Network Center where buyers and sellers meet.
Slow Growth for California Gas Demand, Report Says
Demand for gas by California power generators will grow 1.8% annually over the next 20 years while overall state gas demand growth will only be 0.5% per year. Residential and commercial sectors will see low growth and there will be no demand growth among industrials, according to the latest California Gas Report.