Hang

With natural gas futures traders continuing to hang on every sentence that includes the words “summer,” “temperatures” and “hurricanes,” MDA EarthSat Energy Weather’s updated summer 2006 outlook and Weather 2000’s tropical expectations are sure to garner attention.

Southern California Gas (SoCalGas) has called on FERC to put anend to El Paso Natural Gas’ alleged practice of over-booking firmprimary capacity at the SoCalGas/Topock delivery point inCalifornia. The distributor contends its own firm entitlements atthe delivery point have been cut between 25%-57% on a daily basisbecause of El Paso’s actions, and that it’s costing it nearly$46,000 a day.

Southern California Gas (SoCalGas) has called on FERC to put anend to El Paso Natural Gas’ alleged practice of over-booking firmprimary capacity at the SoCalGas/Topock delivery point inCalifornia. The distributor contends its own firm entitlements atthe delivery point have been cut between 25%-57% on a daily basisbecause of El Paso’s actions, and that it’s costing it nearly$46,000 a day.

After being delayed by environmental and mechanical hang-ups,Nevada’s first gas-fired merchant power plant, El Dorado, located40 miles southeast of Las Vegas got up and running over the weekendand officially opens May 4, according to Reliant Energy, one of thejoint venture partners in the project. It is a $280 million, 480 MWcombined-cycle plant, co-owned by Sempra Energy.