Haven

Another hurricane season may just be starting, but natural gas producers haven’t forgotten the last one and have tweaked their risk management strategies accordingly. Producers are paying more to preserve upside, but utilities could get caught out later if they lock in too high.

Another hurricane season may just be starting, but natural gas producers haven’t forgotten the last one and have tweaked their risk management strategies accordingly. Producers are paying more to preserve upside, but utilities could get caught out later if they lock in too high.

The state of Connecticut challenged in federal court Tuesday the constitutionality of a provision in the new energy law that gives companies recourse to seek federal court review of state actions that block the construction of natural gas pipelines and other energy projects.

If you haven’t sent in one last wish list to the congressional energy bill conferees, you should be aware time is running out. E-mail advisories were flying Thursday when it became apparent the energy bill steamroller was powered up and targeted for completion by next week and the last word on natural gas provisions could well be this weekend or Monday.

Just back from recess, Democrats in the House of Representatives last week continued to round up support for a discharge petition that would force consideration of energy price-cap legislation on to the House floor. The Democrats now need less than 60 signatures from lawmakers in order to move the price-cap bill sponsored by Rep. Jay Inslee (D-WA), directly to the House floor.

If you thought natural gas prices were volatile last summer, you haven’t seen anything yet, according to Raymond James & Associates. During the peak heat of summer 2001, the company forecasts that gas prices will rise above $6/Mcf, and remain above the $5/Mcf mark in the longer term.

If you thought natural gas prices were volatile last summer, you haven’t seen anything yet, according to Raymond James & Associates. During the peak heat of summer 2001, the company forecasts that gas prices will rise above $6/Mcf, and remain above the $5/Mcf mark in the longer term.

Come April Fool’s Day it will be no joke. Nearly 200,000 Georgia natural gas customers who haven’t paid their winter heating bills risk losing their service, and the threat is so real that the Georgia Public Service Commission (PSC) is warning consumers delinquent in their payments to contact their marketers now. The PSC’s moratorium on nonpayment shutoffs, enacted Jan. 17, expires the first day of next month.

Come April Fool’s Day it will be no joke. Nearly 200,000 Georgia natural gas customers who haven’t paid their winter heating bills risk losing their service, and the threat is so real that the Georgia Public Service Commission (PSC) is warning consumers delinquent in their payments to contact their marketers now. The PSC’s moratorium on nonpayment shutoffs, enacted Jan. 17, expires the first day of next month.