Reforming

As the Colorado legislature moves toward adjournment in mid-May a bill affecting the handling of water disputes between drilling companies and ranchers, and another reforming the two-year old Colorado Oil and Gas Conservation Commission (COGCC), were moving through committees.

A group of natural gas producers, municipal gas distributors and industrial customers has called on FERC to revise its final rule reforming the agency’s storage pricing policies to include more protections for customers. Separately the American Gas Association (AGA), which represents local distribution companies (LDCs), asked the agency to consider a less liberal storage policy in the rule.

A group of natural gas producers, municipal gas distributors and industrial customers have called on FERC to revise its final rule reforming the agency’s storage pricing policies to include more protections for customers. Separately the American Gas Association (AGA), which represents local distribution companies (LDCs), asked the agency to consider a less liberal storage policy in the rule.

The Federal Energy Regulatory Commission (FERC) Thursday introduced its long-awaited initiative reforming the agency’s pricing policies to promote the construction of more natural gas storage sites in the United States — an action that Chairman Joseph Kelliher said would help improve the operation of the gas markets and reduce price volatility.

The Florida Public Service Commission (PSC) last week initiated a rulemaking procedure aimed at reforming the state’s bid rule for new generation projects. The rule has come under fire from power suppliers who view the current bidding process as heavily stacked in favor of investor-owned utilities (IOUs).