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A group of western business leaders said Friday that it disagrees with Federal Reserve Chairman Alan Greenspan’s encouragement of increased foreign LNG shipments as a means of improving domestic gas supply. The Western Business Roundtable said the answer does not lie in foreign imports.

Noting that some participants in the energy sector might consider his group to be the “perpetual natural gas bulls,” Raymond James & Assoc. analyst Marshall Adkins said the market has proven that “we have, in fact, been overly bearish.” Citing the summer gas storage re-fill problem, Adkins said that Raymond James is once again upping its 2003 gas price forecast from $5/Mcf to $6/Mcf.

Noting that some participants in the energy sector might consider his group to be the “perpetual natural gas bulls,” Raymond James & Assoc. analyst Marshall Adkins said the market has once again proven that “we have, in fact, been overly bearish.” Citing the summer gas storage re-fill problem, Adkins said that Raymond James is once again upping its 2003 gas price forecast from $5/Mcf to $6/Mcf.

With adequate liquidity now an increasing focus of credit analysis in the energy industry, Dominion Resources Inc. (BBB+/Stable/A-2) is a “good example” of a company with improving liquidity, according to Standard & Poor’s (S&P) in a new report released Friday.

Wait until next year. That was the message from U.S. House Democrats who derailed Senate-passed pipeline safety legislation (S. 2438) in the closing days of the 106th Congress. Opponents of the measure labeled it “soft” on safety.

Wait until next year. That was the message from U.S. HouseDemocrats who derailed Senate-passed pipeline safety legislation(S. 2438) in the closing days of the 106th Congress. Opponents ofthe measure labeled it “soft” on safety.