Kern River expects its receipts to be “slightly impacted” asAmoco’s Painter Plant near Evanston, WY performs maintenance thatwas to begin Sunday and continue through next Sunday.
Near
Articles from Near
CPUC Releases Audit of SoCal Edison
The first independent audit of one of California’s twonear-insolvent investor-owned utilities, Southern California EdisonCo., confirmed Monday that the multi-billion-dollar company wouldhave been forced into bankruptcy Thursday (Feb. 1) without acombination of cost-containment and stopping payments of its debts.It can now hold out at least through March, and itsunder-collections are overstated by about $2 billion when revenuesfrom its own generation over the past eight months are counted.
January 31, 2001
Edison Favors Monitoring Agencies for Power, Gas in CA
The near-bankrupt Southern California Edison last week calledfor the formation of an independent agency or agencies that wouldmonitor and punish market-power abusers in the state’s bulk powerand natural markets.
January 29, 2001
Prices Rally on Fresh Forecasts, Except in California
Traders cited new forecasts of colder weather, both near-termand intermediate-term, as the chief instigator of yet anotherreversal in cash market direction Thursday. Nearly all pointsrecorded strong gains between about a quarter and 60 cents.California was the conspicuous exception with further largedeclines, but it remained the most expensive market by far.
January 26, 2001
Edison Favors Monitoring for Power, Gas in CA
The near-bankrupt Southern California Edison yesterday calledfor the formation of an independent agency or agencies that wouldmonitor and punish market-power abusers in the state’s bulk powerand natural gas markets.
January 24, 2001
MRT Plans Lateral Near St. Louis
Mississippi River Transmission (MRT) is considering constructionof a new pipeline lateral from Horseshoe Lake, in Madison County,IL, to a connection with Natural Gas Pipeline Company of America inClinton County, IL. The new line would be designed to provide firmtransportation capacity of 230,000 Dth/d.
January 23, 2001
Reliant Files Emergency Stay of Cal-ISO Request
Reliant Energy urged FERC on Friday not to force the financialuncertainty of the near-bankrupt California electric utilities onsuppliers across the entire western region by relaxing the creditprovisions of the Cal-ISO tariff. Reliant made an emergency filingwith the FERC, seeking a stay of such efforts.
January 9, 2001
TQM Explosion Injures One, Impacts PNGTS
A gas explosion tore apart TransQuebec & Maritimes (TQM)pipeline’s East Hereford, PQ, compressor station near theQuebec-New-Hampshire border last Thursday, injuring one person andcompletely destroying an instrumentation control building. The lossof gas compression at the border crossing is reducing firm gasflows by 10-20 MMcf/d into the Portland Natural Gas TransmissionSystem (PNGTS) in New England.
January 2, 2001
Transportation Notes
As a result of near-freezing temperatures in the state ofFlorida, Florida Gas Transmission issued an Overage Alert Daynotice Friday with a 15% imbalance tolerance.
January 2, 2001
Price Spikes Fail to Attract CA Drilling Funds
Even with near record prices for oil and gas, theever-optimistic independent exploration outfits in California’straditionally fossil fuel-rich Kern County are having a hard timenailing down financing to continue exploring.
December 11, 2000
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