Positive

The North American midstream energy sector has a positive outlook over the next 12-18 months based on an expectation that fundamental credit conditions in the industry will improve, Moody’s Investors Service analysts said Thursday.

Pacific Gas and Electric issued a systemwide Stage 2 high-inventory OFO on its California Gas Transmission system for Thursday, setting penalties of $1/Dth for exceeding a 5% tolerance on positive daily imbalances.

Pacific Gas and Electric issued a systemwide Stage 2 high-inventory OFO for Saturday on its California Gas Transmission system, setting penalties of $1/Dth for exceeding a 5% tolerance on positive daily imbalances.

A proposed severance tax on natural gas production in Pennsylvania would add to drilling companies’ operating costs, but the revenue it would produce would yield positive results for the state’s economy and residents, according to researchers at Penn State’s Institute for Research in Training & Development (IRTD).

Tennessee lifted Sunday a systemwide OFO Action Alert that it had implemented Saturday to control positive imbalances.

Pacific Gas and Electric belatedly issued a systemwide Stage 2 high-inventory OFO for Wednesday on its California Gas Transmission system, setting penalties of $1/Dth for exceeding a positive imbalance of 8%. The OFO was extended through Thursday, when the tolerance will tighten to 5%.

Pacific Gas and Electric (PG&E) belatedly issued a systemwide Stage 2 high-inventory OFO for Tuesday and extended it through Wednesday, tightening the tolerance for positive daily imbalances from 12% to 9%.

Pacific Gas and Electric issued a new Stage 2 high-inventory OFO on its California Gas Transmission system for Thursday, setting the tolerance at 5% for daily positive imbalances.

Pacific Gas and Electric issued a systemwide Stage 2 high-inventory OFO on its California Gas Transmission system for Friday, setting the penalty for exceeding a 5% tolerance on positive daily imbalances at $1/Dth.