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Senate Panel Seeks Congressional Action to Prevent Amaranth Replay

Congress needs to take steps to regulate all natural gas markets equally, impose a limit on traders’ positions, enforce the statutory prohibition against excessive speculation and give the Commodity Futures Trading Commission (CFTC) a bigger budget to prevent a replay of the Amaranth hedge fund collapse last year, which took a major toll on consumers, said the chairman of the Senate Permanent Subcommittee on Investigations Monday.

June 26, 2007

Producers Score Victory with Defeat of Senate Energy Tax Package

The U.S. Senate Thursday defeated efforts to include a $32 billion tax package in the underlying broad energy bill (HR 6), but Democrats scored a procedural victory to limit debate on the measure.

June 22, 2007

Questar to Spend $1B to Reduce Operations Impact in Pinedale Anticline

Questar Exploration and Production (E&P) plans to spend more than $1 billion to limit the impact of its operations in the Wyoming Pinedale Anticline area on habitat and wildlife, a company official told the House Natural Resources Committee last Tuesday.

April 2, 2007

Questar to Spend $1B to Reduce Operations Impact in Pinedale Anticline

Questar Exploration and Production (E&P) plans to spend more than $1 billion to limit the impact of its operations in the Wyoming Pinedale Anticline area on habitat and wildlife, a company official told the House Natural Resources Committee Tuesday.

March 28, 2007

Transportation Notes

Southern California Gas did not extend a high-linepack OFO beyond Friday.

March 12, 2007

Transportation Notes

SoCalGas declared an operational flow order (OFO) during the evening cycle for Thursday’s gas day. SoCalGas said it will limit all nominations to the Transportation Service Access Quantity (TSAQ) in the fourth operating cycle for the above date. When injection capacity falls below 850 MMcf/d, confirmations of firm storage injection nominations will be reduced. Customers must ensure that all deliveries into the SoCalGas system are within 110% of expected usage.

March 8, 2007

Senate Nears Approval of Lease Sale 181 Bill

The Senate overwhelmingly voted Monday to limit debate and prevent a potential filibuster of legislation that would open up the eastern Gulf of Mexico to oil and natural gas exploration and production, a move that all but assures approval of the bill this week. A final vote on passage of the bill (S. 3711) could come as early as Tuesday.

August 1, 2006

Maryland Governor Vetoes Power Bill, Lawmakers Override

Maryland Gov. Bob Ehrlich last Thursday vetoed legislation passed by state lawmakers that, among other things, would limit pending power rate hikes for Baltimore Gas & Electric (BGE) customers to 15% through May 31, 2007 and fire the current set of commissioners at the Maryland Public Service Commission (PSC).

June 26, 2006

Maryland Lawmakers Move to Cap BGE Rate Hike, Fire PSC

Maryland lawmakers last week passed veto-proof legislation that, among other things, would limit pending power rate hikes for Baltimore Gas & Electric (BGE) customers to 15% through May 31, 2007 and hand pink slips to the current set of commissioners at the Maryland Public Service Commission (PSC).

June 19, 2006

EEI Opposes Restrictions on Utility Access to Natural Gas, Mandate on Efficient Dispatch

The Edison Electric Institute (EEI), which represents investor-owned utilities, opposes any effort by Congress to limit utility access to natural gas for electric generation, dictate what fuel should be used to produce electricity or federally mandate the efficient dispatch of generation plants, EEI President Tom Kuhn told a Senate panel Tuesday.

October 19, 2005
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