Postpone

Michigan Consolidated Gas (MichCon) will postpone until 2010 a request to raise base rates if the Michigan Public Service Commission (MPSC) allows the company to sell excess gas from one of its storage fields.

Michigan Consolidated Gas (MichCon) will postpone until 2010 a request to raise base rates if the Michigan Public Service Commission (MPSC) allows the company to sell excess gas from one of its storage fields.

Texas regulators are scheduled to hold an emergency meeting Wednesday to discuss the extent to which the state’s electric retail providers should be able to recover post-Hurricane Katrina increases in natural gas prices in their electric rates. A number of utilities already have pledged not to include Katrina price spikes in their calculations.

Southern California Gas extended Saturday’s high-linepack OFO through Sunday before lifting it Monday.

A Senate bipartisan coalition led by Louisiana lawmakers yesterday overwhelmingly defeated an amendment to postpone oil and natural gas leasing in the eastern Gulf of Mexico.

While indicating a majority will back suspension of the state’s retail direct access, California regulators last Wednesday indicated they will delay taking action on the controversial measure until July 3 at the request of the state Assembly speaker, who is looking at some legislative options that involve the retail customer choice issue. That is the latest the decision can be held off without beginning to impede the current schedule for the state’s upcoming long-term electricity bond issue, according to Loretta Lynch, president of the California Public Utilities Commission.

While indicating a majority will back suspension of the state’s retail direct access, California regulators Wednesday indicated they will delay taking action on the controversial measure until next Tuesday at the request of the state Assembly speaker, who is looking at some legislative options that involve the retail customer choice issue. That is the latest the decision can be held off without beginning to impede the current schedule for the state’s upcoming long-term electricity bond issue, according to Loretta Lynch, president of the California Public Utilities Commission.

El Paso Natural Gas has decided to postpone what it called”routine” maintenance projects on its system in order to maintainthe flow of natural gas into the California market to meet thesurge in demand there. The higher demand has been created by ashortfall in energy imports from the Northwest region, which hasbeen gripped by cold weather.

Oklahoma Attorney General Drew Edmondson has asked the stateSenate to postpone the July 2002 deadline for deregulatingOklahoma’s electricity market in light of power market problems andhigh prices in deregulated states such as California, New York andMontana.