Political forces and physical problems are at the root of theconstrained California energy market, and because of it, otherstates have slowed their pace toward deregulation and may evendecide to forego it for a while, according to an energy expert whohas helped guide companies through regulatory hearings.
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Avista, PG&E Plan More Tests for Storage Field
Avista Corp. and PG&E Gas Transmission-Northwest (PG&EGT-NW) are inching closer to adding a new gas storage field in thestorage-poor Pacific Northwest region and have petitioned FERC foran exemption from Section 7 certificate requirements in order tofurther test the site.
Avista, PG&E Plan More Tests for Storage Field
Avista Corp. and PG&E Gas Transmission-Northwest (PG&EGT-NW) are inching closer to adding a new gas storage field in thestorage-poor Pacific Northwest region and have petitioned FERC foran exemption from Section 7 certificate requirements in order tofurther test the site.
December Tumbles to Expiry; January Outlook Poor
Fueled by a late sell-off, natural gas futures continued lowerlast Wednesday and put the finishing touches on a December futurescontract which slipped a whopping $1.06 or one-third of its valuesince becoming the spot contract a month ago. With no fresh news todigest, the market defaulted to the same old negative price outlookformed around above-normal temperatures and plentiful gas supplies.After hitting a black hole of buying below $2.21 shortly after noonWednesday, the December contract free-fell 6.9-cents to expire at$2.12 in abbreviated pre-holiday trading.
Gas Marketers Fare Poorly in Customer Survey
Natural gas marketers on average have done a poor job ofsatisfying their customers this year, according to a biennialreport issued by Mastio & Co. last week. Thirty-six out of 77marketers got unsatisfactory report cards from their customers inthis area compared to 1997, it said, while only 16 marketers showedimprovement.
Gas Marketers Fare Poorly in Customer Survey
Natural gas marketers on average have done a poor job ofsatisfying their customers this year, according to a biennialreport issued by Mastio & Co. yesterday. Thirty six out of 77marketers got unsatisfactory report cards from their customers inthis area compared to 1997, it said, while only 16 marketers showedimprovement.
KN Warns Investors Of Lower Earnings
KN Energy warned investors last week that warm temperatures,high storage levels, poor processing margins and reduced gastransportation throughput during the first quarter took a bite outof earnings and could continue to plague the company for the restof the year.
KN Warns Investors of Lower Earnings
KN Energy warned investors yesterday warm temperatures, highstorage levels, poor processing margins and reduced gastransportation throughput during the first quarter took a bite outof earnings and could continue to plague the company for the restof the year.
Avista, PG&E GT Plan Gas Storage in Washington
The storage-poor Pacific Northwest could get some needed reliefin the near future. Avista Corp. and PG&E GasTransmission-Northwest (PG&E GT-NW) have joined forces toinvestigate building another underground natural gas storagefacility in an aquifer in eastern Washington near theinterconnection of PG&E GT-NW and Williams (Northwest Pipeline)at Stanfield, OR.
Avista, PG&E GT Plan Gas Storage in Washington
The storage-poor Pacific Northwest could get some needed reliefin the near future. Avista Corp. and PG&E GasTransmission-Northwest (PG&E GT-NW) have joined forces toinvestigate building another underground natural gas storagefacility in an aquifer in eastern Washington near theinterconnection of PG&E GT-NW and Williams (NorthwestPipeline).