Governors

Anadarko Petroleum Corp. Chairman Jim Hackett has been appointed chairman of the Federal Reserve Bank of Dallas. Hackett, who was appointed by the Federal Reserve Board of Governors, was named to the Dallas board last year. He previously served on the Houston branch board.

A new western natural gas forecast is expected to be conducted by the California Energy Commission (CEC) for the Western Governors Association, which will be holding a three-day North American Energy Summit later this week in Albuquerque, NM.

Like most California governors over the past 40 or more years, Gray Davis came to office 28 months ago hoping to build a national reputation. Four months into his third year, most observers would agree he has accomplished that goal. But at what price?

The creditors’ committee in the Pacific Gas and Electric Co. bankruptcy has “expressed interest” in the deal established with Southern California Edison Co., and the governors’ negotiators are in contact with that body, California’s governor told attendees at a J.P. Morgan technology conference in San Francisco Monday. The governor said he hopes to be able to sell the first increment of the state’s multi-billion-dollar revenue bonds very soon.