Heightened

DOE Urges Speedier Pipe Certificate Process

Recognizing the inevitability of heightened gas demand from theNortheast generation market over the next 20 years, a Department ofEnergy (DOE) study released last week calls for an acceleration ofthe FERC certificate process to pave the way for more gas pipelineand storage capacity to the region to help reduce its singulardependence on home heating oil and to avoid recurrences of lastwinter’s heating oil price spikes.

July 24, 2000

Special Forward-Market Purchases Proposed for SDG&E on Cal-PX

By the end of last week with rising temperatures, peak demandand political heat, San Diego Gas and Electric Co. and theCalifornia Power Exchange (Cal-PX) worked out a proposal for theutility to purchase fixed price electricity through forward marketsalready in place at the Cal-PX over a longer term five- tonine-month period into next spring. SDG&E has asked stateregulators to okay the purchases at their Aug. 3 meeting.

July 24, 2000

Both May and June Numbers Flat to Slightly Higher

June bidweek activity heightened considerably Thursday astraders sprinted toward the finish line, either trying to wind upeverything Thursday or leave only a few tail-end deals to completetoday. A marketer who made six Chicago citygate deals in a verytight range on either side of $2.30 said June prices were justbarely higher despite a gain of more than a nickel in the JulyHenry Hub futures contract. He thought the lack of volatility wasdue to many people leaving early for a long weekend. If moretraders were still around and working there would be more input andbreadth to the ranges.

May 28, 1999
1 2 3 Next ›