Producers

Canadian producers, inspired by optimism about continued growthin exports to the United States, have staked new claims on northernnatural gas drilling prospects and taken a step into Alaska. TenCalgary-based gas developers secured 2,950 square miles of resourcerights in the central Mackenzie Valley district of the NorthwestTerritories.

Canadian producers, inspired by optimism about continued growthin exports to the United States, have staked new claims on northernnatural gas drilling prospects and taken a step into Alaska. TenCalgary-based gas developers secured 2,950 square miles of resourcerights in the central Mackenzie Valley district of the NorthwestTerritories.

The Electric Power Supply Association (EPSA), which representsindependent power producers, told FERC yesterday that proposedattempts to temporarily halt market-based pricing in New York’spower market this summer — through administrative rates, pricescreens or price caps — should be rejected.

The natural gas is waiting, the communities are willing and theauthorities are prepared to co-operate any time producers andpipelines want to revive development in the Canadian north, theindustry is being told.

The natural gas is waiting, the communities are willing and theauthorities are prepared to co-operate any time producers andpipelines want to revive development in the Canadian north, theindustry is being told.

The Independent Power Producers of New York, Inc. (IPPNY) called a recent complaint to FERC by New York State Electric & Gas (NYSEG) an attempt at “market mugging” in the New York retail electric market. IPPNY condemned NYSEG’s complaint against the New York Independent System Operator (NYISO) and said suggested changes to the ISO were “an attempt to strangle fledging competitive electricity markets in the state before they become fully viable.”

The Independent Power Producers of New York, Inc. (IPPNY) calleda recent complaint to FERC by New York State Electric & Gas(NYSEG) an attempt at “market mugging” in the New York retailelectric market. IPPNY condemned NYSEG’s complaint and saidsuggested changes to the New York ISO were “an attempt to stranglefledging competitive electricity markets in the state before theybecome fully viable.”

A small group of producers and marketers yesterday said they”fully support[ed]” the complaint in which California regulatorsaccused El Paso Natural Gas and its marketing affiliate El PasoMerchant Energy Co. of anti-competitive practices and affiliateabuse in connection with the $38.5 million contract arrangementbetween the two.

The GRI’s latest report indicates producers won’t run out ofwork anytime soon in the Western Canadian Sedimentary Basin (WCSB),which is estimated to have 166 Tcf in new pool potential and a 31.4Tcf reserve appreciation potential. Because of these positiveestimates, the GRI said the region could surpass 8 Tcf ofproduction by 2015.