Priority

If elected president, U.S. Sen. John Kerry, D-MA, would make a natural gas pipeline from Alaska a priority, but would limit lower 48 gas development on federal lands and offshore to areas that are currently open.

If elected president, U.S. Sen. John Kerry, D-MA, would make a natural gas pipeline from Alaska a priority, but would limit lower 48 gas development on federal lands and offshore to areas that are currently open.

According to 400 oil and gas executives and investors, the largest issue currently facing the U.S. energy industry is the shortage of domestic sources of natural gas. The poll — taken at an industry conference in Houston held by RBC Capital Markets — found that more than half of the respondents likened the situation to being as bad as or worse than the oil crisis of the 1970s, while 48% said this crisis would be manageable.

According to 400 oil and gas executives and investors, the largest issue currently facing the U.S. energy industry is the shortage of domestic sources of natural gas. The poll — taken at an industry conference in Houston held by RBC Capital Markets — found that more than half of the respondents likened the situation to being as bad as or worse than the oil crisis of the 1970s, while 48% said this crisis would be manageable.

Continued operation of bankrupt NRG Energy’s generating assets, including those located in the northeastern part of the U.S., remains among the bankrupt company’s “highest corporate priorities,” NRG President John Boken told FERC in a letter sent to the federal agency on Thursday.

Natural gas producers and pipeline developers stand warned to make community relations a priority if they advance, as planned this year, a proposal to connect Arctic supplies with a project traversing the native-dominated Mackenzie Valley.

Natural gas producers and pipeline developers stand warned to make community relations a priority if they advance, as planned this year, a proposal to connect Arctic supplies with a project traversing the native-dominated Mackenzie Valley.

Dynegy Inc.’s restructuring is on schedule, liquidity is improving, and investors are slowly showing a little more faith. Now, management wants to stabilize the once prosperous marketing and trading unit, and will disregard those who believe the energy merchant sector has been wiped out. “It’s awfully easy to get in a doom-and-gloom mood,” interim CEO Dan Dienstbier said Tuesday. “But I’m not pessimistic in our ability to complete our plan and move forward…Sometimes, you have to go home and say, ‘Hey, get a grip…This is a good, solid company, and we intend to be here when it is all sorted out.'”

Saying that “corporate separation is our highest priority,”American Electric Power’s CEO E. Linn Draper announced last weekthat the company is undergoing a restructuring, and will place morefocus on its U.S. wholesale power generation, marketing and tradingbusinesses. It also will scrap previously announced plans to expandits overseas markets.