Routine drilling operations in the Gulf of Mexico’s deepwaterpose little threat to the environment or human health, and, infact, play a significant role in the socioeconomic status of itsport communities. That’s the conclusion of a new report by theMinerals and Management Service (MMS) of the U.S. Department ofInterior, which published its conclusions for a projected 10-yearperiod on deepwater operations between 1998-2007.
Pose
Articles from Pose
Power Price Spikes Pose Threat This Summer
Major price spikes could recur in the Midwest power market thissummer, according to a key consulting group. “I would say it’s like50-50 whether we’re going to have very gross spikes there,” saidJudah Rose, vice president of wholesale power for ICF KaiserInternational Inc. “It looks like we may luck out, but it’s stillvery, very dicey” in the Midwest region. A major factor is “no oneknows who’s in charge of reliability in the Midwest,” he toldGasMart/Power ’99 in Dallas. Rose believes the federal governmentneeds to intervene to settle the issue once and for all. “There isnothing more federal than the intersected power grid. The federalgovernment needs.to set up who’s in charge of reliability, figureout what the rules are.”
May 12, 1999
Dynegy Sees Secondary Market for Recourse Services
Giving interstate pipelines the authority to negotiate terms andconditions of service would pose “significant dangers tocompetitive markets,” Dynegy Inc. says. But it does favor givingsuch authority to pipeline customers – the buyers of recourseservices – to allow them to sell or trade components of theirrecourse services to and among themselves. In short, theHouston-based marketer envisions creating a secondary market forrecourse service components that would compete head-to-head withthe primary market.
April 21, 1999
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