Gone

Rockies Express Pipeline LLC’s (REX) projected time frame — early February — for completing the remainder of its western leg known as REX-West has come and gone. The company now expects the remaining 213 miles of the REX-West project, running eastward from an ANR Pipeline interconnect in Brown County, KS, to Panhandle Eastern Pipe Line (PEPL) in Audrain County, MO, to be in service some time in March.

Rockies Express Pipeline LLC’s (REX) projected time frame — early February — for completing the remainder of its western leg known as REX-West has come and gone.

With the days of $2 natural gas long gone, producers, traders and consumers of energy are more attuned to efficiency, conservation and price risk management than ever before. And so are industry regulators, according to one who spoke with NGI last week.

With the days of $2 natural gas long gone, producers, traders and consumers of energy are more attuned to efficiency, conservation and price risk management than ever before. And so are industry regulators, according to one who spoke with NGI this week.

Although cold weather was due to extend into the weekend in the Northeast and Midwest, its price-boosting ability was largely gone Friday. Quotes softened at most points as a warming trend began in the South and the West was fairly moderate for the most part.

With most of the journalists and court watchers gone, jurors in the trial of Enron Corp. founder Kenneth Lay and former CEO Jeffrey Skilling begin their third day of deliberations Monday in Houston. However, there is no rest for Lay, who is expected to be back on the stand in a different trial Monday to defend himself against four counts of bank fraud for personal loans he took out from three banks. His fate will be decided not by a jury but by presiding U.S. District Judge Sim Lake.

Anadarko Petroleum Corp., having gone through a full year of revamping its business strategy, on Friday saw its revenues climb 10% on higher prices, but said that overall production volumes fell on asset sales over the past year. The company reported net income of $506 million ($2.12/share), compared with $405 million ($1.59) in 2Q2004.

The next Alberta oilsands mega-mine, the first to enter construction since energy prices have gone to a new plateau, aims to respond to the expensive new energy market realities by cutting about 40% off the industry average consumption of natural gas to produce synthetic crude oil.

The next Alberta oilsands mega-mine, the first to enter construction since energy prices have gone to a new plateau, aims to respond to the expensive new energy market realities by cutting about 40% off the industry average consumption of natural gas to produce synthetic crude oil.