Leading

An “evolution” in the uses and managers of gas storage capacity may be leading some industry observers to misinterpret the results of the American Gas Association’s (AGA) weekly storage report and the changes in storage levels over time, according to TXU Chairman David Biegler. However, customers and regulators should rest assured that despite the increasing variety of uses for storage, it remains a secure source of supply for the traditional utility, he said.

Pennsylvania faces the very real threat of being dethroned as the nation’s leading model for electricity choice because skyrocketing wholesale power prices are pushing state customers to abandon electric choice in favor of default providers, according to the Center for the Advancement of Energy Markets. As Pennsylvania stumbles on the road to electric deregulation, Texas, Maine and New York are all making impressive strides in promoting sustainable competition among electricity providers, the center said.

A leading energy pundit told a Houston audience last week that the U.S. energy debate is completely politicized–what should be a populist issue has instead been relegated to the “conservative side of the Republican Party.” And partly because of the divide, the country is falling further behind in its quest for more energy supplies.

A leading energy pundit told a Houston audience this week that the U.S. energy debate is completely politicized — what should be a populist issue has instead been relegated to the “conservative side of the Republican Party.” And partly because of the divide, the country is falling further behind in its quest for more energy supplies.

All of the leading indicators for offshore construction activity point to “much higher levels of pipelay, derrick and diving activity,” and underlying fundamentals driving the offshore construction industry continue to be “very robust,” according to Raymond James Energy’s “Stat of the Week” for last week.

All of the leading indicators for offshore construction activity point to “much higher levels of pipelay, derrick and diving activity,” and underlying fundamentals driving the offshore construction industry continue to be “very robust,” according to Raymond James Energy “Stat of the Week.”

With Energy Marketing & Trading (EMT) leading the way, Williams more than doubled the return on its energy businesses in the first quarter this year over last, recording results from continuing operations of $378.3 million or 78 cents per share, compared with a restated $138.9 million or 31 cents a share for 1Q 2000.

With Energy Marketing & Trading (EMT) leading the way, Williams more than doubled the return on its energy businesses in the first quarter this year over last, recording results from continuing operations of $378.3 million or 78 cents per share, compared with a restated $138.9 million or 31 cents a share for 1Q 2000.

With its wholesale energy and natural gas distribution segments leading the charge, Reliant Energy Inc.’s first-quarter earnings easily beat analysts’ consensus estimates and the company now feels confident that it can grow its bottom line for all of 2001 above and beyond previous projections of 10% to 12%.