Relieve

A cornerstone of the much-promoted plan by oil and gas billionaire T. Boone Pickens to relieve American dependence on foreign oil and combat climate change calls for natural gas to be widely used as a transportation fuel, particularly by the long-haul trucking industry. However, cost, infrastructure and logistics challenges make such a goal highly problematic, according to trade group American Trucking Associations (ATA).

A cornerstone of the much-promoted plan by oil and gas billionaire T. Boone Pickens to relieve American dependence on foreign oil and combat climate change calls for natural gas to be widely used as a transportation fuel, particularly by the long-haul trucking industry. However, cost, infrastructure and logistics challenges make such a goal highly problematic, according to trade group American Trucking Associations (ATA).

If politicians expect clean-burning natural gas to relieve their coal-fired power generation emissions woes, they need to give gas producers greater access to lands on which they can drill, the Natural Gas Supply Association (NGSA) said last week.

If politicians expect clean-burning natural gas to relieve their coal-fired power generation emissions woes, they need to give gas producers greater access to lands on which they can drill, said the Natural Gas Supply Association (NGSA).

Southern California and the Atlantic coastal area from New York City to northern Virginia are the most severely congested areas in the country, the U.S. Department of Energy (DOE) said in a new national electric transmission congestion study released last Tuesday.

Hoping to relieve stranded costs due to state deregulation,Montana Power Co. (MPC) announced Tuesday that its MPC Natural GasFunding Trust issued $62.7 million worth of asset-backed transitionbonds in a private placement. There was a 6.2% coupon on the bondsissued. The utility said proceeds from these bonds will be used toreduce its outstanding debt and equity.