Involved

Companies involved in the Gulf of Mexico rig explosion were asked by the Civil Division of the Department of Justice (DOJ) to inform U.S. officials of “any significant corporate actions related to the organization, structure and financial position…” going forward.

Many near-flat numbers were involved in a market that was mildly higher in much of the East but decidedly softer in the West Wednesday. Hot weather will remain through Thursday in much of the southern half of the U.S., but cool to mild temperatures will continue to prevail in much of North America.

In an effort to further improve price transparency in natural gas markets, FERC last Thursday issued a new rule requiring intrastate gas pipelines involved in interstate services and Hinshaw pipelines to report more transportation and storage transaction data than they currently do and to do so four times annually.

In an effort to further improve price transparency in natural gas markets, FERC Thursday issued a new rule requiring intrastate gas pipelines involved in interstate services and Hinshaw pipelines to report more transportation and storage transaction data than they currently do and to do so four times annually. A pipeline is deemed a Hinshaw line if the interstate gas its transports is received and consumed within the boundary of the same state.

KeySpan Corp. has been ordered to disgorge unjust profits and pay $12 million for an antitrust violation that involved the taking of a financial interest in the electricity capacity sales of its largest competitor in the New York City market, a move that likely led to higher retail electricity prices in the city over a two-year period, the Department of Justice (DOJ) said last week.

Spokane, WA-based Avista Corp. and all other parties involved in the company’s electric and natural gas rate filing in Idaho have reached a settlement agreement that, if approved by the Idaho Public Utilities Commission (PUC), would result in no net rate increase for natural gas customers and less than 2% for residential electric customers, the company said.

A top official involved in ocean policy reform last Tuesday called on President Obama and Congress to work together to set up an ocean investment fund — largely to be funded by revenues from oil and natural gas development on the Outer Continental Shelf (OCS) — that would provide financial support for maintaining and managing the oceans, coasts and Great Lakes.

A top official involved in ocean policy reform Tuesday called on President Obama and Congress to work together to set up an ocean investment fund — largely to be funded by revenues from oil and natural gas development on the Outer Continental Shelf (OCS) — that would provide financial support for maintaining and managing the oceans, coasts and Great Lakes.

In the last three years there has been a significant jump in the numbers of customers involved in demand response and advanced metering programs, but barriers still exist and the vast majority of U.S. energy consumers are still untouched by these advances in energy-use technology, according to an annual FERC report. The federal regulatory panel said it was making demand response a priority.