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You’ve got to like the “I will not be pushed” mentality exhibited by the market Wednesday. Less than 24 hours after Federal Reserve Chairman Alan Greenspan told Congress that the nation has a long-term gas supply problem, natural gas futures turned lower as traders liquidated longs in hopes of taking advantage of short-term bearish rewards.

Less than two days after FERC certificated Williston Basin Interstate Pipeline Co.’s Grasslands Pipeline project, Chairman Pat Wood last Wednesday issued a plea for more pipeline projects to meet the expanding conventional and non-conventional natural gas production in the Rocky Mountains.

Less than two days after FERC certificated Williston Basin Interstate Pipeline Co.’s Grasslands Pipeline project, Chairman Pat Wood on Wednesday issued a plea for more pipeline projects to meet the expanding conventional and non-conventional natural gas production in the Rocky Mountains.

Natural gas consumers in the future could be forced to pay more in winter heating bills if the trend toward overreliance on gas as their fuel of choice continues, according to a study released Wednesday by Americans for Balanced Energy Choices (ABEC). The non-profit group, based in Alexandria, VA, is primarily funded by the U.S. coal-based electricity industry.

Natural gas consumers in the future could be forced to pay more in winter heating bills if the trend toward overreliance on gas as their fuel of choice continues, according to a study released Wednesday by Americans for Balanced Energy Choices (ABEC). The non-profit group, based in Alexandria, VA, is primarily funded by the U.S. coal-based electricity industry.

Given its widespread dependence on hydroelectric power, directly and indirectly, the western United States may need a combination of active hedging, demand-response and some version of the federally sponsored standard market design (SMD), according to a report, “The Western Energy Market: Inherent Risk and Market Solutions,” sponsored by a merchant energy association.

Given its widespread dependence on hydroelectric power, directly and indirectly, the western United States may need a combination of active hedging, demand-response and some version of the federally sponsored standard market design (SMD), according to a report, “The Western Energy Market: Inherent Risk and Market Solutions,” sponsored by a merchant energy association.

Stating that the local distribution company (LDC) story from the buyer’s perspective is one of “growth and more growth,” Nick Stavropoulos, president of KeySpan Energy Delivery New England, said that at the end of the day, LDCs will “remain the key link” to the natural gas customer, ensuring reliable gas service.

In the space of less than two years the robust market in the Pacific Northwest for added power generation capacity and corresponding demand for new interstate natural gas pipeline capacity has dried up. This fact has been made clear in current negotiations between the Snohomish (WA) County Public Utility District (PUD) and Williams’ Northwest Pipeline Co. unit over a $6.7 million annual payment the utility agreed to make for added new gas pipeline capacity.