Proposes

House negotiators conferring on broad energy legislation (H.R. 4) offered last week to more than double the size of the Arctic National Wildlife Refuge (ANWR) in exchange for their Senate counterparts agreeing to allow oil and natural gas drilling on a 2,000-acre “footprint” in the Alaska wilderness region.

House negotiators conferring on broad energy legislation (H.R. 4) offered Wednesday to expand the size of the Arctic National Wildlife Refuge (ANWR) by 10 million acres in exchange for their Senate counterparts agreeing to allow oil and natural gas drilling on a 2,000-acre “footprint” in the Alaska wilderness region.

The Federal Energy Regulatory Commission, saying that published spot natural gas prices at California points during the western energy crisis from Oct. 2, 2000 through June 20, 2001 are suspect, has called for comments on whether it should change the gas cost component used to calculate the mitigated market clearing price (MMCP) for power in a case involving refunds of excess power costs (EL00-98).

The Federal Energy Regulatory Commission, saying that published spot natural gas prices at California points during the western energy crisis from Oct. 2, 2000 through June 20, 2001 are suspect, has called for comments on whether it should change the gas cost component used to calculate the mitigated market clearing price (MMCP) for power in a case involving refunds of excess power costs (EL00-95).

It has definitely become a buyers’ market in the energy industry, with CMS Energy Corp. one of the latest to announce it will sell some of its prized income-producing assets to ensure it can pay the bills and restore investor confidence. Last Wednesday, the Dearborn, MI-based company surprised many by announcing it will consider offers on its entire domestic pipeline and field services businesses, worth an estimated $1.4 billion.

The U.S. Coast Guard has proposed establishing three bands of safety and security zones around liquefied natural gas (LNG) facilities and tankers in Boston Harbor to safeguard against “sabotage or other subversive acts” in the wake of the Sept. 11 terrorist attacks.

The U.S. Coast Guard has proposed establishing three bands of safety and security zones around liquefied natural gas (LNG) facilities and tankers in Boston Harbor to safeguard against “sabotage or other subversive acts” in the wake of the Sept. 11 terrorist attacks.

The Energy Information Administration (EIA) is seeking public comment on a proposed policy for making future corrections to its weekly natural gas storage report.

The Department of Transportation (DOT) has proposed a $220,000 civil penalty against Distrigas of Massachusetts Corp., which operates a liquefied natural gas (LNG) terminal in Everett, MA, for violations of security and safety standards.