FERC’s chief accountant last week sent letters to five pipelines, Florida Gas, Transwestern Pipeline, Transcontinental Gas Pipe Line, Gulf South Pipeline and El Paso Natural Gas, informing them that they need to have updated written cash management agreements with their parent companies to identify the rules governing how corporate money pools are utilized. El Paso has an existing but outdated written agreement with its parent, FERC Chief Accountant John Delaware said.
Letters
Articles from Letters
Chemical Industry Warns of Recession Due to High Gas Prices
In letters sent out to every member of Congress on Thursday, the American Chemistry Council (ACC), which represents America’s largest industrial users of natural gas, the chemical industry, warned of an impending natural gas crisis that will trigger an economic recession.
March 3, 2003
Chemical Industry Warns of Economic Recession Due to High Gas Prices
In letters sent out to every member of Congress on Thursday, the American Chemistry Council (ACC), which represents America’s largest industrial users of natural gas, the chemical industry, warned of an impending natural gas crisis that will trigger an economic recession.
February 28, 2003
Lawsuits, FERC Challenges Force Cal-PX into Chapter 11
Still holding on to the collateral of its 70-odd participants inthe form of letters of credit and bonds worth hundreds of millionsof dollars, California’s state-chartered nonprofit wholesale spotmarket for electricity, Cal-PX, chose a Chapter 11 bankruptcyfiling last week because of the preponderance of litigation andfederal regulatory actions pending, its CEO George Sladoje saidMonday.
March 13, 2001
Dynegy Powers Up in Northeast, Adds Two NY Power
Add a few letters, along with a few major acquisitions, and”Dynegy” is quickly becoming “Dynamo” in the power generatingbusiness. Last week, the Houston company said it was buying twoupstate New York fossil fuel power plants for $903 million, adding1,700 MW of electricity to its portfolio, but more important,increasing its geographic impact on the generation marketnationwide.
August 14, 2000
Dynegy Powers Adds Two NY Power Plants
Add a few letters, along with a few major acquisitions, and”Dynegy” is quickly becoming “Dynamo” in the power generatingbusiness. Yesterday, the Houston company said it was buying twoupstate New York fossil fuel power plants for $903 million, adding1,700 MW of electricity to its portfolio, but more important,increasing its geographic impact on the generation marketnationwide.
August 9, 2000
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