Located less than five miles from downtown Los Angeles, theindustrial city of Vernon sits as an attractive trophy for one oftwo proposed natural gas interstate pipelines. The business-focusedlocal government is finishing construction of a new municipal gasdistribution system that will compete with Southern California Gas’existing network. By next year, there will be duplicative gasdistribution systems operating.
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LA Suburb Eyed by New Gas Lines
Located less than five miles from downtown Los Angeles, theindustrial city of Vernon sits as an attractive trophy for one ofthe two proposed natural gas interstate pipelines. Thebusiness-focused local government is finishing construction of anew municipal gas distribution system that will compete withSouthern California Gas’ existing network. By next year, there willbe duplicative gas distribution systems operating.
April 1, 1999
Price Drops Tend to Be Larger Toward the East
The cash market split somewhat along geographical lines againMonday as overall softening grew greater going from West to East.Most Western points were flat to no more than 2-3 cents down, whileEastern declines mostly ranged from around a nickel to a dime.
March 16, 1999
Rolled-In Rates Rejected for Pony Express, Kansas City Lines
FERC last week upheld an administrative law judge’s partialinitial decision denying KN Interstate Gas’s (KNI) request to rollin the costs associated with the construction of its Pony ExpressLine and Kansas City Line.
March 1, 1999
Tejas, Enterprise Eye Expanding NGL Lines
Depressed gas liquids prices don’t affect the need foradditional liquids transportation capacity in the Gulf of Mexicoregion in the view of two companies that last week joined to expandLouisiana pipeline facilities.
January 11, 1999
PG&E GT-T Reorganizes Business Operations
PG&E Gas Transmission-Texas has announced a reorganization ofits business into four major lines: field services, transmissionand storage services, gas marketing and supply, and natural gasliquids (NGL) marketing and development.
September 14, 1998
Foothills Throws in with Alaska LNG Project
Foothills Pipe Lines Ltd. has joined as a sponsor of the AlaskaNorth Slope Gas Project, adding its pipeline expertise to the mixwhich includes producers and a marketer behind the multi-billiondollar project to carry North Slope gas to the Alaskan coast,liquefy it and ship the LNG to Pacific Rim markets.
August 14, 1998
Phone Lines Dead; Nymex Trading Disrupted
Surprise, even shock, are common reactions to what occurs on the New York Mercantile Exchange on expiration day of a spot month gas futures contract, but yesterday many natural gas traders must have come close to suicidal trauma. Not because of price volatility, however. At about 1:50 p.m. EST, someone at the Teleport Communications Group, the telephone carrier that serves the trading floors of the New York Mercantile Exchange, pulled the plug. All commodity trading, including of course gas futures, screeched to a halt, creating a hair-raising state of panic.
February 26, 1998
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