Impasse

In the midst of a historic budget impasse, West Virginia’s severance tax collections have again provided a glimmer of light, as higher natural gas prices and more coal sales in May helped push state revenue 20% above projections to $350.4 million.

The natural gas futures market was at an impasse Tuesday as traction in either direction appeared hard to come by. After trading a slim $6.810 to $6.950 range, the November contract finished Tuesday’s regular session at $6.863, up 1.7 cents from Monday’s close.

After reaching an impasse with the Navajo Nation over the renewal of a rights-of-way (ROW) contract, El Paso Natural Gas on Thursday filed an application asking the Interior Department to extend the contract without the consent of the tribe so that it can continue transporting natural gas over tribal lands from the San Juan Basin to customers in the Southwest.

After reaching an impasse with the Navajo Nation over the renewal of a rights-of-way (ROW) contract, El Paso Natural Gas on Thursday filed an application asking the Interior Department to extend the contract without the consent of the tribe so that it can continue transporting natural gas over tribal lands from the San Juan Basin to customers in the Southwest.

UtiliCorp United wants to buy the rest of Aquila Gas PipelineCorp. it doesn’t already own, but the companies cannot agree on adeal. UtiliCorp currently owns about 82% of Aquila Gas Pipeline’soutstanding common shares.