Just before the July 4 holiday, California’s legislature was in full operational mode, grinding out several key energy measures by Friday, including global warming emissions limits and jump-starting accelerated solar and energy efficiency initiatives. Most of the action remains in the state Senate.
Grinding
Articles from Grinding
Price Hikes Slow to Near-Halt Despite Northern Heat
This week’s price run-ups got slower again Wednesday, essentially grinding to a halt in parts of the cash market. Weather fundamentals remained strong for the most part as high temperatures ranging from very warm to severely hot continue to dominate the U.S. climate except along the relatively cool West Coast. The natural gas futures screen continued to lend support to cash numbers with a gain of 15 cents-plus, accompanied by strong showings in crude oil, heating oil and New York Harbor unleaded gasoline. However, expectations of another bearish storage report Thursday reportedly tended to temper new buying for injection purposes.
August 21, 2003
CA Settlement Talks Halted Without Resolution
Two weeks of marathon settlement talks on refunds for California electric customers came to a grinding halt at FERC yesterday, with neither side even coming close to resolving the contentious issue. While the state had insisted that it was owed $8.9 billion in alleged overcharges on electricity sales, the offers by the out-of-state generators and other suppliers came to less than one-ninth of that.
July 10, 2001
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