Pg&E

Physical natural gas for Tuesday delivery gained more than a dime in Monday’s trading as outsized advances in the Northeast, Rockies and California were able to easily offset losses in the Southeast and more modest gains in Texas and Louisiana. The NGI National Spot Gas Average rose by 12 cents to $2.59.

California regulators on Thursday approved nearly $950 million in increased rates to support Pacific Gas and Electric Co.’s (PG&E) natural gas storage and transmission pipeline operations.

A federal criminal court case against Pacific Gas and Electric Co. (PG&E) for its alleged illegal actions and subsequent coverup related to the 2010 San Bruno natural gas pipeline rupture and explosion began last Friday in San Francisco (see Daily GPI,Sept. 13, 2010). Attorneys argued whether a corporation — not specific individuals — committed a crime.

Plans unveiled Tuesday to eventually close California’s last nuclear generating plant by 2025 appear to shut out the prospect for any new natural gas-fired generation being part of the electric generation replacements.

A California regulatory judge on Wednesday assessed a $24.3 million fine against Pacific Gas and Electric Co. (PG&E) for failing to maintain accurate records on its natural gas distribution system. The action adds to a previous $10.8 million penalty for an incident two years ago in Carmel, CA.

California regulatory staff last week issued proposed and alternate decisions that nearly cut in half a $1 billion-plus natural gas transmission pipeline and storage system rate increase request by Pacific Gas and Electric Co. (PG&E).

California regulatory staff last week issued proposed and alternate decisions that nearly cut in half a $1 billion-plus natural gas transmission pipeline and storage system rate increase request by Pacific Gas and Electric Co. (PG&E).

Plans to get a stalled natural gas-fired power plant in Oregon operating on schedule, as well as selling state regulators on the value of purchasing gas reserves, continue to face hurdles, but not insurmountable ones, Portland General Electric (PGE) CEO Jim Piro told analysts last Friday.

Plans to get a stalled natural gas-fired power plant in Oregon operating on schedule, as well as selling state regulators on the value of purchasing gas reserves, continue to face hurdles, but not insurmountable ones, Portland General Electric (PGE) CEO Jim Piro told analysts last Friday.