Cash prices fell about 8 cents overall on average Wednesday in large part mirroring declines on the screen. No points were higher for Thursday delivery. Although temperatures in major metropolitan markets are expected to fall, they still remain above average. At the close of trading February futures had fallen 10.5 cents to $3.113 and March was down 10.3 cents to $3.131. February crude oil eased 5 cents to $93.10/bbl.
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California regulators provided an option to smart meters — both gas and electric — for San Diego Gas and Electric Co. (SDG&E) and Southern California Edison Co. (SCE) customers last Thursday, mirroring action take earlier in the year by Pacific Gas and Electric Co. (PG&E) (see Daily GPI, Feb. 2). SCE customers who don’t want an advanced digital meter can keep their current meter or one that was at their location prior to the installation of a wireless smart meter. Similarly, SDG&E customers who do not want a smart gas or electric meter can choose to have the analog meters. SCE said it supported the decision by state regulators and will “respond quickly to customers choosing to opt out.” Separately, one of the state’s two large public sector utilities, the Sacramento Municipal Utility District, said it has nearly completed the installation of 600,000 smart meters and an automated electric metering infrastructure.
House Resolution Seeks to Void EPA Endangerment Decision
Mirroring action that Sen. Lisa Murkowski (R-AK) took in late January, three House lawmakers Thursday introduced a joint resolution of disapproval that seeks to nullify the Environmental Protection Agency’s (EPA) endangerment finding that greenhouse gas (GHG) emissions are a threat to human health and therefore could be regulated under the Clean Air Act (CAA).
House Resolution Seeks to Void EPA Endangerment Decision
Mirroring action that Sen. Lisa Murkowski (R-AK) took in late January, three House lawmakers Thursday introduced a joint resolution of disapproval that seeks to nullify the Environmental Protection Agency’s (EPA) endangerment finding that greenhouse gas (GHG) emissions are a threat to human health and therefore could be regulated under the Clean Air Act (CAA).
House Agriculture OTC Bill Would Exempt End-Users
Mirroring action taken by the House Financial Services Committee earlier this month, the House Agriculture Committee last Wednesday gave “end-users” a break in legislation that for the first time would regulate the $500 trillion-plus over-the-counter (OTC) derivatives market.
House Agriculture OTC Bill Would Exempt End-Users
Mirroring action taken by the House Financial Services Committee last week, the House Agriculture Committee Wednesday gave “end-users” a break in legislation that it passed to regulate the $500 trillion-plus over-the-counter (OTC) derivatives market.
XTO Reports 30% Production Increase, Declining Rig Count
Mirroring the performance of the industry as a whole, XTO Energy Inc. said last week it is pulling larger amounts of gas out of the ground even as it trims the number of rigs it has in operation.
XTO Reports 30% Production Increase, Declining Rig Count
Mirroring the performance of the industry as a whole, XTO Energy Inc. said Wednesday it is pulling larger amounts of gas out of the ground even as it trims the number of rigs it has in operation.
Raymond James: Minus Hurricane Rebound, 4Q2006 Gas Output Off 3.2%
The last three months of 2006 resulted in a 6.3% upward move in U.S. natural gas production from publicly traded companies, mirroring the upward trend from 3Q2006, however, nearly all of the increase came from a rebound in production following the hurricane-related production deferrals in late 2005, Raymond James & Associates energy analysts reported.
Raymond James: Excluding Hurricane Rebound, 4Q2006 Gas Output Down 3.2%
The last three months of 2006 resulted in a 6.3% upward move in U.S. natural gas production from publicly traded companies, mirroring the upward trend from 3Q2006, but essentially all of the output rise came from the rebound following the hurricane-related production deferrals in late 2005, Raymond James & Associates energy analysts reported.