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Having been singled out by California’s governor for “price-gouging” during recent rolling blackouts for charging $1,900/MWh for some emergency spot market supplies, Houston-based Reliant Energy’s wholesale businesses President/COO Joe Bob Perkins fought back Friday, crying foul, but drawing short of saying his company would seek any legal action against the confidentiality of its bulk power transactions being apparently violated by state officials.

Having been singled out by California’s governor for “price-gouging” during recent rolling blackouts for charging $1,900/MWh for some emergency spot market supplies, Houston-based Reliant Energy’s wholesale businesses President/COO Joe Bob Perkins fought back Friday, crying foul, but drawing short of saying his company would seek any legal action against the confidentiality of its bulk power transactions being apparently violated by state officials.

Having bought out 75% of a leaseholding near their 100 MMcf/dLadyfern gas find in northeast British Columbia, joint venturesubsidiaries of Murphy Oil and Apache Corp. are going after theother 25%, accusing the remaining leaseholder, Predator Corp., andothers of misappropriating and misusing confidential data about thediscovery well.

Having bought out 75% of a leaseholding near their 100 MMcf/dLadyfern gas find in northeast British Columbia, joint venturesubsidiaries of Murphy Oil and Apache Corp. are going after theother 25%, accusing the remaining leaseholder, Predator Corp., andothers of misappropriating and misusing confidential data about thediscovery well.

Once upon a time, some regions of the United States were having problems meeting peak seasonal demand for natural gas. Inadequate pipeline and storage capacity, combined with production exceeding new natural gas discoveries, sent suppliers looking for alternatives. Imported liquefied natural gas became a hot commodity. Now the story has been rewound and is playing all over again — with bigger players and a wider stage.

Once upon a time, some regions of the United States were havingproblems meeting peak seasonal demand for natural gas. Inadequatepipeline and storage capacity, combined with production exceedingnew natural gas discoveries, sent suppliers looking foralternatives. Imported liquefied natural gas became a hotcommodity. Now the story has been rewound and is playing all overagain — with bigger players and a wider stage.

Having disposed of most of its far-flung assets and righted itsfinancial ship in 2000, TransCanada PipeLines will be focused ongrowing its core gas transmission and power generation businessthrough its home territory in Canada and the northern tier of theU.S. in 2001.

Having disposed of most of its far-flung assets and righted itsfinancial ship in 2000, Transcanada PipeLines will be focused ongrowing its core gas transmission and power generation businessthrough its home territory in Canada and the northern tier of theU.S. in 2001.

The fundamental of having snow and/or frigid temperaturescontinuing to pervade most markets was still around, but cashtraders must have been looking at hints that at least a moderatethaw might begin in several areas today. They again sent priceslower by about a dollar or more Wednesday in most cases.