While reiterating the ever-tighter intertwining of electricity and natural gas, a major statewide energy assessment by the California Energy Commission released Monday predicted that the next three years should be free of any large risk of a return of the supply/price meltdown of two years ago. However, without an integrated approach that addresses a wide variety of energy, environmental and economic needs, the state could be back in a crisis mode by 2007.
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Kinder Morgan Reaffirms Consensus Earnings Estimates
Reiterating that it does not own or want to own an energy trading business, Kinder Morgan Inc. (KMI)and Kinder Morgan Energy Partners LP (KMP) reaffirmed their comfort with consensus earnings estimates for both the second quarter and the year.
June 3, 2002