Some say the long-awaited pipeline safety reauthorizationlegislation that was unveiled by the Clinton administration earlierthis week is a pipeline’s worst nightmare come true. It imposestougher safety standards, gives the Department of Transportation(DOT) more inspection muscle, quadruples the amount of civilpenalties for violators, enhances criminal enforcement of violatorsand strengthens the role of states in inspecting pipelines.
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FERC Urged to Combine Capacity Release, IT
The Federal Energy Regulatory Commission could go a long waytoward increasing liquidity in the pipeline transportation marketby combining capacity release and pipeline interruptibletransportation under one set of rules, according to the head of thelargest electronic gas and power trading system.
FERC Urged to Combine Capacity Release, IT
The Federal Energy Regulatory Commission could go a long waytoward increasing liquidity in the pipeline transportation marketby combining capacity release and pipeline interruptibletransportation under one set of rules, according to the head of thelargest electronic gas and power trading system.
KN Gas Wins NE Agricultural Choice Program
KN Gas Services emerged as the market leader from thethree-month-long Agricultural Choice Gas Program in Nebraska, as itsigned 36% of the customers who participated in the program. Theresults of the pilot program were released last week by KN Energy.
KN Gas Wins NE Agricultural Choice Program
KN Gas Services emerged as the market leader from thethree-month-long Agricultural Choice Gas Program in Nebraska, as itsigned 36% of the customers who participated in the program. Theresults of the pilot program were released yesterday by KN Energy.
Conference to Probe Koch’s Parking Deals
FERC has accepted and suspended subject to refund four negotiatedparking and lending (PAL) agreements between Koch Gateway Pipeline andits marketing affiliate, Koch Energy Trading (see Daily GPI, Feb. 18 andFeb. 25). In addition, the Commission has scheduled a technicalconference on the matter to explore what it called “serious concerns”raised by protesters about Koch’s dealings with its affiliate and useof its negotiated rate privileges. The Commission in August 1996granted Koch’s negotiated rate authority.
Analyst Report: Producers’ Time to Shine Nears
After suffering through a long period of low prices and thinmargins, exploration and production (E&P) companies appear tobe headed toward a period of success, a report published recentlyby Deutsche Banc Alex. Brown said. Strong gas prices, industryconsolidation and probable low storage levels are the main factorscontributing the report’s bullish conclusions.
Gas Outlook: It’s Demanding
Socrates did not say “an unexamined energy industry is not worthrunning.” But he might as well have. As long as there is gas andoil in the ground, it seems, there will be those willing to poreover statistics and share their findings.
Analyst Report: Producer’s Time to Shine Nears
After suffering through a long period of low prices and thinmargins, exploration and production (E&P) companies appear tobe headed toward a period of success, a report published recentlyby Deutsche Banc Alex. Brown (Deutsche Banc) said. Strong gasprices, industry consolidation and probable low storage levels arethe main factors contributing the report’s bullish conclusions.
Warming Temps, Profit-Taking Usher Futures Lower
Natural gas bulls never got a chance yesterday as traders shedlong positions in sympathy with falling cash market prices and inanticipation of warming temperatures this week. By the time thedust had cleared and the orders were tabulated, the March contracthad slipped a cool 18 cents lower, tumbling beneath several keylayers of support and easily negating last Friday’s impressivegains.