Regions

The Rocky Mountains over the past 20 years have been established as one of the largest natural gas reserve regions in the Lower 48, but there is no lack of challenges for exploration and production companies to access and develop the resource, according to Richard H. Lewis, CEO of Prima Energy Corp.

The Rocky Mountains over the past 20 years have been established as one of the largest natural gas reserve regions in the Lower 48, but there is no lack of challenges for exploration and production companies to access and develop the resource, according to Richard H. Lewis, CEO of Prima Energy Corp.

Bolstered by the return of hotter weather to some regions and a screen gain of nearly a dime, nearly all points ranged from flat to about a nickel higher Tuesday. A PG&E citygate gain of slightly more than 15 cents, coupled with declines of about a dime at Malin and about 25 cents at Southern Border into PG&E, were the primary exceptions to mild firmness.

As pipeline planners head north into regions where the population is primarily — and sometimes exclusively — aboriginal, Canada’s National Energy Board is laying out a formula for turning touchy relations into business relationships: Make deals, not regulations.

As pipeline planners head north into regions where the population is primarily – and sometimes exclusively – aboriginal, Canada’s National Energy Board is laying out a formula for turning touchy relations into business relationships: Make deals, not regulations.

This summer will not be a particularly hot one, but there is a chance that there will be some abnormal heat waves in specific regions, especially in the West, New York and New England according to a national weather assessment by esteemed energy weather forecaster Jon Davis of Salomon Smith Barney. The SSB forecast, which takes into account Sea Surface Temperatures (SST), precipitation outlooks and soil moisture, as well as historical data, raises new hurdles for an already crippled California.

Uniform electricity markets across the Northeast and Mid-Atlantic regions moved one step closer to becoming reality last week as electricity market administrators, Independent System Operator (ISO) New England Inc. and PJM Interconnection LLC, reported that they have teamed up with systems developer ALSTOM ESCA Corp. to formalize an agreement that will standardize their electricity markets. The ISOs also believe the model could be adopted by wholesale markets across the country.

Uniform electricity markets across the Northeast andMid-Atlantic regions moved one step closer to becoming reality onThursday as electricity market administrators, Independent SystemOperator (ISO) New England Inc. and PJM Interconnection LLC,reported that they have teamed up with systems developer ALSTOMESCA Corp. with the intent to formalize an agreement that willstandardize their electricity markets. The ISOs also believe themodel could be adopted by wholesale markets across the country.

Winter was retaining a tougher post-season grip on severalregions’ weather than expected Tuesday, and the result waswidespread price rises that ranged from flat to barely higher atthe PG&E citygate and Rockies, to about a quarter at someNortheast and Pacific Northwest points. A sharply higher Aprilfutures contract also lent some support to cash on its penultimateday of trading, sources said.