Literally billions of dollars and thousands of job can turn on how high (or low) wholesale natural gas prices go in California, the world’s eighth largest economy, said international consulting firm Global Insight, Waltham, MA.
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Articles from Literally
Reliant Ensures Liquidity, Credit Rating Upgraded
At literally the eleventh hour, Reliant Resources Inc. (RRI) last week successfully completed a $6.2 billion financing package to refinance $5.9 billion of existing bank credit facilities with new ones that won’t mature until 2007. The lenders also provided the cash-poor company a $300 million line of credit, which matures in 2004.
April 7, 2003
Hungry Bacteria Could Solve Canada’s Sour Gas Problem
A small but promising start has been made on biological engineering to eat — literally — an obstacle to producing about one-fourth of Canadian natural-gas reserves — so-called “sour” deposits laced with lethal hydrogen-sulphide.
November 18, 2002
Hungry Bacteria Could Solve Canada’s Sour Gas Problem
A small but promising start has been made on biological engineering to eat — literally — an obstacle to producing about one-fourth of Canadian natural-gas reserves — so-called “sour” deposits laced with lethal hydrogen-sulphide.
November 18, 2002
Former Enron Executive Dead in Apparent Suicide; Lay Resigns
Enron Corp. is in shreds, literally and figuratively, with a week marked by dramatic accusations, the founder quietly resigning, and a former vice chairman tragically dying from an apparent self-inflicted gunshot wound. As Congress began its intense investigations of the company and its auditor, Arthur Andersen, there only was one tiny bit of good news for the company and its supporters. The U.S. Bankruptcy Court in New York approved a deal for UBS Warburg to pick up its quickly fading wholesale energy trading unit.
January 28, 2002
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