While the clocks tick and the calendar pages keep turning,California keeps churning out court and regulatory cases fasterthan legislative solutions for its nagging energy woes.
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FERC Divided on Price Caps, Finds No Fault with Generators
The Federal Energy Regulatory Commission came out divided lastweek on whether regional price caps should be imposed on thewholesale power market in the West. FERC Chairman Curt Hebert andthe Commission staff maintained opposition to price caps, whileCommissioner William Massey came out strongly in favor of some formof temporary regional price caps until permanent solutions to thecurrent crisis can be found.
FERC Divided on Price Caps, Finds No Fault with Generators
The Federal Energy Regulatory Commission came out divided lastweek on whether regional price caps should be imposed on thewholesale power market in the West. FERC Chairman Curt Hebert andthe Commission staff maintained opposition to price caps, whileCommissioner William Massey came out strongly in favor of some formof temporary regional price caps until permanent solutions to thecurrent crisis can be found.
TX Reps Want Dereg Control, OK Opts to Wait
Though they’ve been told again and again by state regulatoryofficials that a California crisis can’t happen in Texas, twoHouston lawmakers have filed legislation to expand the state’sauthority to limit electric deregulation, which begins on a pilotbasis in June. And in Oklahoma, legislators have decided topostpone deregulation for at least two years.
TX Reps Want Dereg Control, OK Opts to Wait
Though they’ve been told again and again by state regulatoryofficials that a California crisis can’t happen in Texas, twoHouston lawmakers filed legislation last week to expand the state’sauthority to limit electric deregulation, which begins on a pilotbasis in June. And in Oklahoma, legislators have decided topostpone deregulation for at least two years.
Berkley: Fort Liard Well Soon to Produce
With regulatory approvals expected soon to tie into a nearbypipeline, the N-01 well at Fort Liard in the Northwest Territoriesshould begin producing by the second quarter, according to one ofthe operators, Berkley Petroleum Corp. Berkley operates the wellwith partners Forest Oil Corp. and Paramount, with each holding a33.33% interest. Paramount operates the pipeline.
Bush Picks Hebert to Lead FERC
The Bush White House tapped Commissioner Curt L. Hebert Jr. asits chairman, according to an announcement by the Federal EnergyRegulatory Commission yesterday.
CIG Proposes Expansion of Cheyenne Hub
The Colorado Interstate Gas Co. officially filed a plan with theFederal Energy Regulatory Commission Dec. 4 to increase pipelinecapacity from its Cheyenne Hub area south to Front Range markets.CIG’s proposed $72 million expansion would include 84 miles of20-inch pipeline and two generators along the eastern slope of theRocky Mountains to a planned 480 MW power plant south of ColoradoSprings.
SoCalGas Stunned by El Paso Capacity Shift
The Federal Energy Regulatory Commission last week basicallytold El Paso Natural Gas to continue full-steam ahead on itsreallocation process at the Topock, AZ, delivery point at theSouthern California border despite pleas by Southern California Gasthat its ratepayers could suffer irreparable harm from the plan.
SoCalGas Stunned by El Paso Capacity Shift
The Federal Energy Regulatory Commission last week told El PasoNatural Gas to continue full-steam ahead on its reallocationprocess at the Topock, AZ, delivery point into Southern Californiadespite pleas by Southern California Gas that its ratepayers couldsuffer irreparable harm from the plan.