The New York State Public Service Commission (NYPSC) has launched a special buyer’s guide for energy consumers that will be updated monthly with gas and electricity services and prices offered by the state’s utilities and retail marketing companies. Consumers in other states with competitive retail markets, including Georgia and Ohio, have found the comparative listings useful in selecting energy providers.
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Aftermarket Starts Mostly Softer, But With a Few Gains
The cash market stanched its bleeding somewhat as the July aftermarket got launched Wednesday, in the sense that most price declines were smaller than the day before and a few scattered points were flat to higher. The highly temperature-sensitive Cheyenne Hub and CIG even managed genuinely substantial rebounds of 20-25 cents or so due to Rockies-area weather starting to heat up.
East Mixed While OFO-Free West Surges Higher
The June aftermarket was launched Friday with major uprisings in the West arrayed against a mixed but mostly moderately softer performance at eastern points. Because deals were being done for Tuesday-only flows due to the May-ending holiday weekend, the dropoff in industrial demand typically associated with a weekend was not a negative factor.
SEC Launches Formal Inquiry into Shell Reserve Reclassification
The Securities and Exchange Commission (SEC) last week launched a formal non-public inquiry into the oil and gas reserves overbooking by Royal Dutch/Shell Group, which may lead to a broader investigation of other producers’ proved and probable numbers.
Trunkline, Transco Ordered to Explain Discount Rate Practices
FERC has ordered Transcontinental Gas Pipe Line Corp. and Trunkline Gas Co. to explain how their currently effective tariff provisions governing discount rates at secondary pipeline points are consistent with Commission policy.
December Aftermarket Is Launched With Large Gains
Little in the way of very cold weather was expected for the opening day of December, but its workday contrast to the long holiday weekend and a residual boost from the screen’s expiration-day strength Tuesday was sufficient to turn the swing market around Wednesday and yield mostly sizeable gains.
Kansas Regulators Mull Criteria, Standards for Financially Strapped Utilities
The Kansas Corporation Commission (KCC) on Monday launched an investigation examining the establishment of standards and criteria for financially weakened gas and electric utilities “to assure retail customers continuity of service, including, in particular, continuity in the quality of that utility service.”
Enbridge Holds Open Season on Proposed 500 MMcf/d Expansion of its East Texas System
Enbridge Energy Partners LP launched an open season last month to solicit support for firm transportation service on a proposed expansion of its East Texas system, to carry increasing production from the Bossier Sands and Barnett Shale to the Carthage Hub and connections with “premium markets.”
Prices Down Moderately in Initial August Aftermarket
The August aftermarket was launched Thursday with modest downturns at nearly every point. Malin, the PG&E citygate and a few Rockies points were flat to a couple of pennies higher; otherwise, declines ranged from about 2 cents to a dime.
Kinder Units Announce Open Seasons to Serve Southwest, Midwest
Kicking off the new year with a binge of open seasons, Kinder Morgan Inc. (KMI) and Kinder Morgan Energy Partners, LP (KMP) launched three separate offerings last week for pipeline projects poised to bring new supplies of gas into Arizona markets and the Midwest.