Mandatory

The Industrial Energy Consumers of America (IECA) has called on FERC for quick action to mandate price reporting, citing investigations and settlements by the Commodities Futures Trading Commission (CFTC) with 16 energy companies.

As the Energy Information Administration (EIA) counts down to the release of its inaugural weekly storage report during the first week of May, details reveal that the survey and the data produced will borrow some aspects from the American Gas Association’s current report, but on the whole the administration’s report will be very different, according to Roy Kass, EIA’s senior analyst.

Costilla Energy Inc. of Midland, TX, is examining its optionsafter lenders extended until June 1 a $10.2 million mandatoryprincipal payment due a bank credit facility. Petrie Parkman &ampCo. was hired to weigh potential deals.

Costilla Energy Inc. of Midland, TX, is examining its optionsafter lenders extended until June 1 a $10.2 million mandatoryprincipal payment due a bank credit facility. Petrie Parkman &Co. was hired to weigh potential deals.

Implementation of a mandatory capacity auction, as proposed byFERC in its mega-notice of proposed rulemaking (NOPR), couldjeopardize the opportunity for natural gas to gain a greater shareof the prized electricity market in the future.

Although the use of the pre-filing collaborative process inhydroelectric relicensing cases is still “too new” to determinewhether it would also work for gas pipeline projects, theDepartment of Interior says its supports FERC efforts to promote”pre-filing communications and consultations” with the agency andother stakeholders in the gas arena. However, it agreed withinterstate gas pipelines that participation in the collaborativeprocess should not be mandated.

Although the use of the pre-filing collaborative process inhydroelectric relicensing cases is still “too new” to determinewhether it would also work for gas pipeline projects, theDepartment of Interior says its supports FERC efforts to promote”pre-filing communications and consultations” with the agency andother stakeholders in the gas arena. However, it agreed withinterstate gas pipelines that participation in the collaborativeprocess should not be mandated.