California Public Utilities Commission President Michael Peevey delivered the latest salvo in the simmering jurisdictional fight over a proposed Long Beach, CA, LNG facility, disputing FERC Commissioner Joseph Kelliher’s claim that exclusive federal jurisdiction is necessary to further development of LNG imports in the United States.
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Canadian Ambassador Balks at Price Floor Proposal in Revised Senate Energy Bill
Canadian Ambassador Michael Kergin said last week that he was “disappointed” the revised U.S. Senate energy bill has “resuscitated” a proposed price floor to encourage the construction of a 3,600-mile natural gas transportation pipeline from the North Slope to the Lower 48 states. He should be happy to learn then that the shelf life of the proposed subsidy will be short.
Canadian Ambassador Opposes Price Floor Proposal in Revised Senate Energy Bill
Canadian Ambassador Michael Kergin said this week that he was “disappointed” the revised U.S. Senate energy bill has “resuscitated” a proposed price floor to encourage the construction of a long-line natural gas transportation system from the North Slope to the Lower 48 states.
AEP’s New CEO Doesn’t See Any ‘Massive Reduction’ in Company’s Size
Michael Morris, the newly-appointed CEO at American Electric Power (AEP), last week said that he doesn’t anticipate the utility engaging in a “massive reduction” in size once he takes the helm next month, although he didn’t rule out realignment-related activity within the company.
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Michael Morris, who came up through the ranks of gas pipeline and distribution companies, will be taking over as president and CEO of American Electric Power (AEP) the first of next year. Morris, 57, currently chairman, president and CEO at Northeast Utilities System, will succeed E. Linn Draper, who announced in April 2003 that he intended to retire in 2004. Morris will also succeed Draper as AEP chairman upon Draper’s retirement from that position on or before April 27, 2004. Morris has served in his current role at Northeast Utilities since 1997. Previously Morris was president and CEO of Consumers Energy, the principal subsidiary of CMS Energy, and president of CMS Marketing, Services and Trading. He also had served as president of Colorado Interstate Gas (CIG) and as executive vice president of marketing, transportation and gas supply for ANR Pipeline. Morris also founded and served as president of ANR Gathering Co., one of the first gas marketing companies in the U.S. Northeast Utilities said that its board of trustees would meet on Tuesday to name interim leadership at the New England-based power company.
Kinder Morgan Exec Warns Altered Negotiated-Rate Policy Could ‘Chill’ Pipe Investment
Kinder Morgan President Michael C. Morgan said Thursday that changes in FERC’s policy on negotiated transportation rates could significantly limit investment in new natural gas pipeline infrastructure in the Rocky Mountains and elsewhere.
Kinder Morgan Exec Warns Altered Negotiated-Rate Policy Could ‘Chill’ Pipe Investment
Kinder Morgan President Michael C. Morgan said Thursday that changes in FERC’s policy on negotiated transportation rates could significantly limit investment in new natural gas pipeline infrastructure in the Rocky Mountains and elsewhere.
Peevey Confirmed by CA State Senate for CPUC Job
Former energy industry and utility senior executive and unpaid adviser to the governor, Michael Peevey, was confirmed for a six-year appointment to the California Public Utilities Commission (CPUC) on a 32-3 vote of the 40-member state Senate. Governor Gray Davis reappointed Peevey to the regulatory commission on Dec. 31, 2002, designating him as president.
Senator Seeks FERC Review of WY Production, Market Price Disparity
Sen. Michael Enzi (R-WY) said he is “disappointed” by the Federal Energy Regulatory Commission’s decision not to investigate what he believes is an ever-widening discrepancy between the prices for natural gas that are paid to Wyoming producers and the higher costs for that same gas in out-of-state energy markets.
CA Governor Re-Appoints Peevey, Names A New Regulator
California’s Gov. Gray Davis re-appointed Michael Peevey, 64, to the California Public Utilities Commission and appointed his current cabinet secretary, Susan Kennedy, 42, to another spot on the five-member CPUC. Both are appointed to six-year terms and their new positions are subject to state Senate confirmation. Davis also re-appointed John Geesman to the California Energy Resources and Development Commission, which serves as the state’s primary energy policy/planning agency. Geesman, 51, the newest member of the commission was appointed to a full five-year term.