Halfway

At the halfway point through the injection season, working natural gas inventories for the Lower 48 states as of July 15 were about 7.4% below the level for the same period last year due to more nuclear outages and increased air conditioning use resulting from warmer-than-normal weather, the Energy Information Administration (EIA) said. In a separate report, the EIA said that coal is losing its generation market share to natural gas.

At the halfway point through the injection season, working natural gas inventories for the Lower 48 states as of July 15 were about 7.4% below the level for the same period last year due to more nuclear outages and increased air conditioning use resulting from warmer-than-normal weather, the Energy Information Administration (EIA) said.

Rex Energy Corp. is past the halfway point in its Marcellus Shale work plan but now needs a new CEO to guide the second half.

Southwestern Electric Power Co. (SWEPCO) officials, nearing the halfway point of nearly two weeks of Arkansas Public Service Commission hearings on their proposed 600 MW coal-fired baseload power plant near Texarkana, AR, said Thursday that an alternative presented by attorneys opposing the use of coal — and pushing instead for 100% natural gas generation — would drive them into bankruptcy.

As competition heats up for LNG terminal sites off Florida and Massachusetts, an AES Corp. affiliate has staked out territory halfway between, with a plan to build a receiving terminal at the old Bethlehem Steel Sparrows Point industrial site on Baltimore Harbor.

With the 2005 Atlantic hurricane season less than halfway over, the National Oceanic and Atmospheric Administration (NOAA) on Tuesday raised its activity prediction, warning that up to 14 more tropical storms and five more major hurricanes could still be out there.

Having reached the halfway point of its goal of 2,400 MW of load reductions in the near future, the Bonneville Power Administration’s (BPA) acting administrator Steve Wright earlier this week urged utilities and industries that have yet to commit to reduce their power purchases from BPA to get off the sidelines and do so. Daily GPI April 11

Having reached the halfway point of its goal of 2,400 MW of load reductions in the near future, the Bonneville Power Administration’s (BPA) acting administrator Steve Wright last week urged utilities and industries that have yet to commit to reduce their power purchases from BPA to get off the sidelines and do so. NGI April 16)

The softening trend that developed about halfway through bidweekcarried over to the fledgling August aftermarket. In swing dealsdone Friday for the weekend, quotes at nearly all points were downseveral cents from index levels and often near the bottom end ofbidweek ranges.