Count the $4 billion Los Angeles Department of Water and Power (LADWP) among the nervous energy industry players worried about what all of the rules and regulations are going to be affecting gas hedging programs under the Dodd-Frank Wall Street Reform Act (see Daily GPI, Dec. 10).
Nervous
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PG&E Sweats Out Gas Supplies for Later This Month
Nervous time returned to Pacific Gas & Electric’s naturalgas operations Tuesday, as it was trying desperately to get morethan two dozen mostly reluctant suppliers to sign contractextensions of up to 90 days using a new state regulatory-backedsecuritization of the utility’s retail gas revenues to assurefuture payments to the suppliers.
February 7, 2001
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