Maryland Sen. Barbara A. Mikulski has denounced FERC’s post-Sept. 11 attack decision to allow Williams to proceed with the planned reactivation of its Cove Point liquefied natural gas (LNG) import terminal in Lusby, MD, because, she says, it would permit “flammable” LNG to be imported to a site within four miles of a nuclear plant in the state.
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Experts Tell Congress to Fix the System
Mark-to-market accounting for long-term transactions presents company management “with a temptation to be overly aggressive that is too great for them to ignore,” a leading short seller, credited with spotting Enron’s problems early on, told a congressional committee Wednesday.
CA AG Sues PG&E; CPUC Presents Another Reorganization Plan
Following up directly on state regulators’ actions earlier last week, California’s attorney general filed a lawsuit against bankruptcy-preoccupied Pacific Gas and Electric Co. last Thursday, alleging that the utility’s proposed Chapter 11 federal bankruptcy reorganization plan would violate the state’s “unfair competition law.” The California Public Utilities Commission President Loretta Lynch immediately praised the AG’s lawsuit, and said the CPUC will join the state AG’s suit against the utility.
TransCanada Unveils Master Pipeline Strategy
When the reconstituted Alaskan Northwest Natural Gas Transportation Co. presents its proposal for a northern pipeline this winter, it will be one item in a master plan crafted by TransCanada PipeLines Ltd. to maintain and expand the Canadian role in the continental market.
TransCanada Unveils Master Pipeline Strategy
When the reconstituted Alaskan Northwest Natural Gas Transportation Co. presents its proposal for a northern pipeline this winter, it will be one item in a master plan crafted by TransCanada PipeLines Ltd. to maintain and expand the Canadian role in the continental market.