As weather in its service territory gets much colder than it was during the last half of November, Northern Natural Gas plans to lift a systemwide System Underrun Limitation (SUL) at the end of Tuesday’s gas day (9 a.m. CST Wednesday). The SUL had been implemented Nov. 10 (see Daily GPI, Nov. 10).
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GasMart 2009 Speaker to Explore Regulatory Changes to Commodity Markets
Potentially big regulatory changes lie ahead for the natural gas industry as Congress gets down to business in the next few months on legislation to limit speculation in the commodity markets. “The real question is whether the changes will make the existing regulatory system stronger or create an entirely new system that will fix the perceived problems without creating new problems for the future,” Gregory Mocek, former director of enforcement for the Commodity Futures Trading Commission (CFTC), told NGI.
GasMart 2009 Speaker to Explore Regulatory Changes to Commodity Markets
Potentially big regulatory changes lie ahead for the natural gas industry as Congress gets down to business in the next few months on legislation to limit speculation in the commodity markets. “The real question is whether the changes will make the existing regulatory system stronger or create an entirely new system that will fix the perceived problems without creating new problems for the future,” Gregory Mocek, former director of enforcement for the Commodity Futures Trading Commission (CFTC), told NGI.
Cheniere’s 2.6 Bcf/d Sabine Pass LNG Terminal Gets Green Light
FERC issued a draft order Wednesday granting a certificate for development and operation of the $750 million Sabine Pass LNG terminal in Cameron Parish, LA. With a proposed peak sendout of 2.6 Bcf/d of regasified LNG, Cheniere LNG’s Sabine Pass terminal will be the largest of the three proposed and four existing U.S. LNG terminals with FERC certificates.
AccuWeather’s Bastardi Sees Winter Rivaling Warmth of 2001-2002
As the winter heating season gets closer, the AccuWeather.com long-range center continues to drive home the point that a very warm winter is on the way for much of the nation, especially east of the Rockies. If the forecast is confirmed, the natural gas and power markets could be in for lower prices as demand for both commodities lays off.
DOE’s Poor Record on Efficiency Standards to Cost Consumers Billions
The Department of Energy (DOE) gets a failing grade when it comes to meeting its statutory obligation to issue rules on minimum energy efficiency standards for consumer products and industrial equipment, according to a new report by the Government Accountability Office (GAO). The poor performance could cost the nation billions of dollars in lost savings, it said.
DOE’s Poor Record on Efficiency Standards to Cost Consumers Billions
The Department of Energy (DOE) gets a failing grade when it comes to meeting its statutory obligation to issue rules on minimum energy efficiency standards for consumer products and industrial equipment, according to a new report by the Government Accountability Office (GAO). The poor performance could cost the nation billions in lost savings, it said.
LDC Supply Contracts Should Support LNG, Says Spectra Energy Exec
Liquefied natural gas (LNG) is not going to be the “silver bullet” that people in the natural gas industry once thought it would be, and to ensure that North America gets its share, gas utilities need to commit to longer term supply contracts and the continent’s storage resources need to be developed further, said Spectra Energy Transmission President Martha Wyrsch.
LDCs Should Contract Longer Term to Support LNG, Says Spectra Energy Exec
Liquefied natural gas (LNG) is not going to be the “silver bullet” that people in the natural gas industry once thought it would be, and to ensure that North America gets its share, gas utilities need to commit to longer term supply contracts and the continent’s storage resources need to be developed further, said Spectra Energy Transmission President Martha Wyrsch.
Three Republicans to Join Senate Energy Panel
Three Republican senators — all from the South — will join the Senate Energy and Natural Resources Committee in the 110th Congress, which gets under way in early January.