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Rate Hike Agreed For Washington NatGas Utility

Washington state regulatory staff filed an all-party settlement on Monday calling for regulators to approve a $4 million (1.6%) general rate increase for Kennewick, WA-based Cascade Natural Gas Co.

May 18, 2016

Pennsylvania Governor’s Severance Tax Proposal Could Set Highest Rate in Nation

Pennsylvania’s Independent Fiscal Office (IFO) said this month that Democratic Gov. Tom Wolf’s latest proposal to enact a 6.5% severance tax on natural gas production would give the state the highest effective rate in the country.

April 27, 2016

Pennsylvania Governor’s Severance Tax Proposal Could Set Highest Rate in Nation

Pennsylvania’s Independent Fiscal Office (IFO) said this month that Democratic Gov. Tom Wolf’s latest proposal to enact a 6.5% severance tax on natural gas production would give the state the highest effective rate in the country.

April 27, 2016

‘Monster’ Wells Shunned in 2015, But Chesapeake, EP, EQT Still Ramp Up Gushers

Few U.S. onshore oil and natural gas producers were working to build “monster” wells in 2015 as they contracted budgets and reduced crews, but there still proved to be impressive results in a few key basins, according to Rystad Energy.

March 31, 2016

Brief– Avista

The Idaho Public Utilities Commissionhas adopted a natural gas rate hike by Spokane, WA-based Avista Utilitiesof 3.5% effective Jan. 1. The settlement will also grant an electric utility rate hike of 0.6%. Avista had requested gas rate increases of 4.5% in 2016 and 2.2% in 2017 and electric hikes of more than 5% each year. Avista will receive a $2.5 million increase to revenue under the settlement.

December 23, 2015

Pennsylvania PUC Lowers Rate Request From State’s Largest NatGas/Electric Utility By Millions

The Pennsylvania Public Utility Commission (PUC) has reduced PECO Energy Co.’s electric distribution rate request by 33%, approving a settlement that would allow a $127 million annual increase for its customers, rather than the $190 million increase it had filed for earlier this year.

December 21, 2015

Fed’s Interest Rate Hike Hurts Oil/Gas, Moody’s Says

The Federal Reserve’s decision to raise interest rates will increase borrowing costs and lead to greater credit risk for lower-rated companies, Moody’s Investors Service said in a report.

December 18, 2015

Energy Woes Still Driving Up Speculative-Grade Default Rate, Moody’s Finds

Struggling energy companies continue to put upward pressure on U.S. and global speculative grade default rates, according to a recent report from Moody’s Investors Service.

November 17, 2015

Ohio’s Kasich Proposes Highest Rate Yet, Calls For 6.5% Oil, Gas Severance Tax

As part of an effort to considerably slash the state’s personal income tax rate, Ohio’s Republican Gov. John Kasich on Monday unveiled a two-year budget proposal that calls for a 6.5% severance tax on oil and gas produced by the state’s unconventional operators.

February 3, 2015
Shippers, Distributors Protest New Rate Scheme for Gulf South Pipeline

Shippers, Distributors Protest New Rate Scheme for Gulf South Pipeline

Gulf South Pipeline Co. LP, a “web-like” interstate natural gas pipeline system bordering the Gulf of Mexico, has stirred up a firestorm among its myriad distributor and producer customers with its first new rate filing in 17 years, which includes higher rates and a new zone system.

November 6, 2014