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Senate Democrats’ legislation overhauling the financial regulatory system is “good” as far as it goes (see Daily GPI, April 30), but it needs “stronger” language, including a provision to break up the big banks, said an official with National People’s Action (NPA).

While NGL economics have been particularly good of late, they won’t necessarily stay that way. Prices could come under pressure as supply grows and demand softens, noted analysts at Tudor, Pickering, Holt & Co. Securities Inc. (TPH) last week.

In what its CEO pointed to as a model in reorganizing its predominantly natural gas-fired generation fleet, Calpine Corp. announced last Wednesday it has agreed to buy Pepco Holdings Inc.’s 4,490 MW independent Conectiv Energy power plant fleet for $1.65 billion in a deal that will make one of the nation’s largest independent power producers considerably larger and broader in market reach. At the same time, Calpine will increase its status as one of the nation’s largest wholesale gas consumers.

With some federal stimulus package funds sprinkled in for good measure, two national heavy-duty truck fleet operators, a local government association and a leading natural gas transportation fueling infrastructure company have announced plans to add 426 new compressed natural gas (CNG) and liquefied natural gas (LNG) heavy-duty vehicles in Southern California and the Pacific Northwest in two separate agreements.

With some federal stimulus package funds sprinkled in for good measure, two national heavy-duty truck fleet operators, a local government association and a leading natural gas transportation fueling infrastructure company have announced plans to add 426 new compressed natural gas (CNG) and liquefied natural gas (LNG) heavy-duty vehicles in Southern California and the Pacific Northwest in two separate agreements.

W&T Offshore Inc. on Thursday said it has made good on its plan to pursue acquisitions this year by grabbing stakes in three offshore properties in the Gulf of Mexico (GOM) from the U.S. subsidiary of Total SA. The purchase price was not disclosed.

W&T Offshore Inc. on Thursday said it has made good on its plan to pursue acquisitions this year by grabbing stakes in three offshore properties in the Gulf of Mexico (GOM) from the U.S. subsidiary of Total SA. The purchase price was not disclosed.

Natural gas is good, but it’s better when it has liquids along with it to juice profits while gas prices remain weak, Anadarko Petroleum Corp., among others, has found. Going forward, look for a continued emphasis at the company on liquids-rich onshore gas production as well as on oil in the offshore, Anadarko COO Al Walker said Tuesday.

Natural gas is good, but it’s better when it has liquids along with it to juice profits while gas prices remain weak, Anadarko Petroleum Corp., among others, has found. Going forward, look for a continued emphasis at the company on liquids-rich onshore gas production as well as on oil in the offshore, Anadarko COO Al Walker said Tuesday.