A maxim in futures trading reads that “there is always a big enough paddle in this business for everyone” and today’s surging futures prices show how easily adverse moves can impact the most senior traders.
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Articles from Initiate
Feinstein Seeks New FERC Probe on Price Gouging
Sen. Dianne Feinstein (D-CA) has called on FERC to initiate a new investigation into allegations that generators manipulated California power prices in the wake of a new General Accounting Office (GAO) report, which found the Commission’s initial probe to be faulty.
Feinstein Seeks New FERC Probe on Price Gouging
Sen. Dianne Feinstein (D-CA) has called on FERC to initiate a new investigation into allegations that generators manipulated California power prices in the wake of a General Accounting Office (GAO) report, which found the Commission’s initial probe to be faulty.
Laclede Gas Seeks OK on Weather Clause Plan
Laclede Gas Co. has asked for regulatory approval from the Missouri Public Service Commission to initiate a “weather clause” that it says would protect its 633,000 natural gas customers from weather-related fluctuations in their bills and would stabilize the company’s annual revenues.
Breathitt: Market Center Growth Stunted by Pipe Rates
FERC Commissioner Linda Breathitt last week called on theCommission to initiate a generic review of whether the ratestructures of most interstate gas pipelines, especially TennesseePipeline, are inhibiting the development of market centers.
Breathitt: Market Center Growth Stunted by Pipe Rates
FERC Commissioner Linda Breathitt yesterday called on theCommission to initiate a generic review of whether the ratestructures of most interstate gas pipelines, especially Tennessee,are inhibiting the development of market centers.
Industry Briefs
The California Independent System Operator (California ISO)ordered Pacific Gas & Electric (PG&E) to initiate itslocalized non-firm interruptible program 12- 6 p.m. yesterdaybecause of continued heat Northern California, particularly in theinland areas. In addition, the amount of generation unavailable inthe Bay Area due to repairs increased from 488 MW Wednesday to 800MW Thursday. PG&E said it curtailed 300 MW of interruptiblecustomers beginning at 12:15 p.m. during localized load shedding tohelp stabilize the flow of power on the ISO-controlled transmissionsystems. The California ISO was not under a Stage One Emergencyyesterday, however it issued a Power Watch, urging customersthroughout the state to conserve electricity whenever possible.
Draft Petition Seeks E-Commerce Inquiry at FERC
Energy E-Comm.com last week issued a revised draft of a petitionasking FERC to initiate a notice of inquiry (NOI) into the effectsof e-commerce on the regulated natural gas and power industries.The e-commerce-based company has posted it to its web site soenergy companies can comment further on the petition before it’sformally filed at the Commission by the end of the month.
Draft Petition Seeks E-Commerce Inquiry at FERC
Energy E-Comm.com has issued a revised draft of a petitionasking FERC to initiate a notice of inquiry (NOI) into the effectsof e-commerce on the regulated natural gas and power industries.The e-commerce-based company has posted it to its Web site soenergy companies can comment further on the petition before it’sformally filed at the Commission later this month.
Internet Firm Seeks FERC Inquiry into E-Commerce
A Maryland-based Internet consulting firm says it plans to askFERC to initiate an inquiry into the impact of the e-commercerevolution on regulated energy industries and vice versa, but firstit wants to get industry input on the issue.