Independence

In the story “Independence Project a Blueprint for Future Deepwater Exploration,” which appeared in Monday’s Daily Gas Price Index and in Natural Gas Intelligence, Enterprise Products Partners President and CEO Bob Phillips was mistakenly identified. NGI regrets the error.

In quiet trading for the Independence Day weekend, prices fell at nearly all points Friday, with a few cases of flat to slightly higher numbers interspersed. Losses ranged from a couple of pennies to about 40 cents.

Admittedly on a limited basis at the beginning, American Honda Motor Co., Inc., offered Californian’s a chance at a version of “energy independence,” sending out its first retail version of the natural gas-powered Civic GX sedan, combined with a new home-refueling appliance the car maker is calling “Phill” (as in “phill-er up”).

Admittedly on a limited basis at the beginning, American Honda Motor Co., Inc., offered Californian’s a chance at a version of “energy independence,” sending out its first retail version of the natural gas-powered Civic GX sedan, combined with a new home-refueling appliance the car maker is calling “Phill” (as in “phill-er up”).

Although serving as headquarters for one of the nation’s major energy providers, San Diego County’s elected board voted unanimously Tuesday to continue to buy its own natural gas and electricity and to pursue a state-backed loan to further solarize its county government facilities. Past efforts have resulted in reducing the county government’s annual power bill by $655,000, the county has calculated.

Although serving as headquarters for one of the nation’s major energy providers, San Diego County’s elected board voted unanimously Tuesday to continue to buy its own natural gas and electricity and to pursue a state-backed loan to further solarize its county government facilities. Past efforts have resulted in reducing the county government’s annual power bill by $655,000, the county has calculated.

In a long-anticipated announcement last Tuesday, USX Corp. said it will break up its energy and steel businesses to give the companies more flexibility to expand and pursue acquisitions. The planned spin-off would completely separate USX’s two divisions, Pittsburgh-based U.S. Steel Group and Houston-based Marathon Group, and comes following a five-month review of the corporation’s capital structure (see NGI, Sept. 18, 2000).

In a long-anticipated announcement Tuesday, USX Corp. said it plans to break up its energy and steel businesses to give the companies more flexibility to expand and pursue acquisitions. The planned spin-off would completely separate USX’s two divisions, Pittsburgh-based U.S. Steel Group and Houston-based Marathon Group, and comes following a five-month review of the corporation’s capital structure (see Daily GPI, Dec. 1, 2000).

As FERC last week was delivering bad news to the Northeast-boundIndependence Pipeline and associated SupplyLink and MarketLinkprojects, the Commission staff was delivering a report to CapitolHill that concluded new pipeline capacity may be needed for theregion within the next three to five years. It didn’t specify howmuch capacity though (See related story).