Hidden among the hundreds of provisions in the much-needed omnibus energy bill making its way through the Congress is one that would seriously weaken the competitive natural gas market, increasing volatility and undermining three years of work by all concerned on restructuring and rebuilding that market.
Hidden
Articles from Hidden
GRI: Hidden Treasures Still in Western Canada
The GRI’s latest report indicates producers won’t run out ofwork anytime soon in the Western Canadian Sedimentary Basin (WCSB),which is estimated to have 166 Tcf in new pool potential and a 31.4Tcf reserve appreciation potential. Because of these positiveestimates, the GRI said the region could surpass 8 Tcf ofproduction by 2015.
Western Resources Reorganizes Structure
Attempting to better organize its businesses and release hiddenvalue in its operations, Western Resources said yesterday it willseparate its electric utility businesses under a differentcorporate umbrella from its non-electric affiliates. Both companieswill be public entities. The separation is expected occur through avoluntary exchange offer expected to be completed prior toyear-end.