Oklahoma’s record winter heating costs last season were caused by inadequate planning by Oklahoma Natural Gas Co., and thus customers should get some of their money back, according to witnesses testifying last week before the Oklahoma Corporation Commission (OCC). The Commission is looking into charges that ONG did not adequately prepare for the last winter season, which caused rates to escalate.
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OK Commission Investigates Possible ONG Overcharges
Oklahoma’s record winter heating costs last season were caused by inadequate planning by Oklahoma Natural Gas Co., and thus customers should get some of their money back, according to witnesses testifying before the Oklahoma Corporation Commission this week. The Commission is looking into charges that ONG did not adequately prepare for the last winter season, which caused rates to escalate.
Empire Eyes Expansion in New York
Empire State Pipeline is holding an open season to garner market interest in a possible expansion that would give Northeastern markets, particularly those in New York, greater access to Canadian supply and storage. The open season closes July 31.
Empire Eyes Expansion in New York
Empire State Pipeline is holding an open season to garner market interest in a possible expansion that would give Northeastern markets, particularly those in New York, greater access to Canadian supply and storage. The open season closes July 31.
UBS Reverses Storage Predictions, Surplus Possible
The small group of analysts who were thought to be crazy just two months ago when they predicted the gas storage deficit compared to levels last year would be erased in short order, are now proving to be soothsayers. As of last week’s American Gas Association storage report, the deficit level shrank to only 36 Bcf on May 23 from 404 Bcf on March 28.
UBS Reverses Storage Predictions, Surplus Possible
The small group of analysts who were thought to be crazy just two months ago when they predicted the gas storage deficit compared to levels last year would be erased in short order, are now proving to be soothsayers. As of this week’s American Gas Association storage report, the deficit level shrank to only 36 Bcf on May 23 from 404 Bcf on March 28.
Generators Decry Lawsuit, Mull Possible Davis Meeting
Out-of-state power generators that have taken much of the flak for all that’s gone wrong in California’s electricity markets last Thursday blasted a recent lawsuit by California Lt. Gov. Cruz Bustamante and Assemblywoman Barbara Matthews that accused the companies of engaging in illegal price fixing activities. As they prepare to wage war on yet another legal front, those same generators are mulling whether now is the right time to sit down with California Gov. Gray Davis to discuss the state’s energy crisis.
Generators Decry Lawsuit, Mull Possible Davis Meeting
Out-of-state power generators that have taken much of the flack for all that’s gone wrong in California’s electricity markets on Thursday blasted a recent lawsuit by California Lt. Gov. Cruz Bustamante and Assemblywoman Barbara Matthews that accused the companies of engaging in illegal price fixing activities. As they prepare to wage war on yet another legal front, those same generators are mulling whether now is the right time to sit down with California Gov. Gray Davis to discuss the state’s energy crisis.
Senate Democrats Decry FERC’s Actions in CA
Despite moves by the Republican-led FERC last week to addresspotential refunds and possible price manipulation in the Californiawholesale power markets, the Bush administration continued to bethe favorite whipping boy of Senate Democrats for its unrelentingopposition to some form of price mitigation for the short term inthe western region.
Senate Democrats Decry FERC’s Actions in CA
Despite moves by the Republican-led FERC during the past week toaddress potential refunds and possible price manipulation in theCalifornia wholesale power markets, the Bush administrationcontinued to be the favorite whipping boy of Senate Democrats forits unrelenting opposition to temporary price mitigation in thewestern region.