Meltdown

2000-01 Energy Crisis Legal, Regulatory Cases Still Around

Thirteen years after the 2000-01 energy market meltdown there are still parts of old legal and regulatory cases emerging in California that carry potentially multi-billion dollar consequences. Two cases emerged the first two weeks of April — one in the U.S. 9th Circuit Court of Appeals in San Francisco and other at California’s state regulatory commission in the same city.

April 16, 2013

INGAA: Pipe Safety Unaffected by Fed Cutbacks

With across-the-board federal budget cuts looming in the wake of the congressional super committee’s meltdown, the current spate of natural gas pipeline safety initiatives is unlikely to be harmed, according to a Washington, DC-based spokesperson for the Interstate Natural Gas Association of America (INGAA).

November 28, 2011

Pipe Safety Unaffected by Federal Budget Cuts, INGAA Says

With across-the-board federal budget cuts looming in the wake of the congressional super committee’s meltdown, the current spate of natural gas pipeline safety initiatives is unlikely to be harmed, according to a Washington, DC-based spokesperson for the Interstate Natural Gas Association of America (INGAA).

November 23, 2011

CFTC on ‘Magical Mystery Tour’ Searching for Missing MF Global Loot

The meltdown of securities firm giant MF Global Holdings Ltd. is a “fresh slap-in-the-face reminder” of why the country needs tougher financial regulations, a member of the Commodity Futures Trading Commission (CFTC) said Tuesday.

November 10, 2011

Four-Year-Old Enron Settlement Boosts PSE Weatherization

As a remnant of the western wholesale power market meltdown of 2000-2001, Bellevue, WA-based Puget Sound Energy (PSE) on Monday said its low-income weatherization funding will double next year, thanks to funds it will receive from the Washington state Attorney General’s Office from a 2005 settlement with Enron Corp. PSE will get more than $2.1 million from the Enron case.

December 9, 2009

EIA Sees Low Gas Prices Staying Around Beyond Winter

The financial meltdown, combined with the steep slide in crude oil prices and growth in domestic production, has been a constant drag on natural gas prices over the past months and relief isn’t expected anytime soon, the Energy Information Administration (EIA) said in its Short-Term Energy Outlook for November.

November 17, 2008

EIA Sees Low Gas Prices Staying Around Beyond Winter

The financial meltdown, combined with the steep slide in crude oil prices and growth in domestic production, has been a constant drag on natural gas prices over the past month, according to the Energy Information Administration’s (EIA) Short-Term Energy Outlook for November. And it says the outlook is not expected to improve anytime soon.

November 13, 2008

AGA Sees Likely 10-30% Hike in Home Heating Costs

While domestic natural gas production activity and storage remain at strong levels despite hurricane-induced disruptions and the global financial meltdown, gas consumers could wind up paying 10-30% more in home heating costs this winter, according to the American Gas Association (AGA).

October 7, 2008

California Regulators Extend Utility Finance Limits

Watching the Wall Street credit meltdown and its aftermath, California regulators last Thursday expanded financing limits on the state’s two largest private-sector utilities — Pacific Gas and Electric Co. (PG&E) and Southern California Edison Co. (SCE).

October 6, 2008

California Regulators Extend Utility Finance Limits

Watching the Wall Street credit meltdown and its aftermath, California regulators Thursday expanded financing limits on the state’s two largest private-sector utilities — Pacific Gas and Electric Co. (PG&E) and Southern California Edison Co. (SCE).

October 3, 2008
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