Responding

Responding to the skyrocketing energy prices of the last several months, some of the larger global industrials began showing the strain last week as they announced price hikes across their entire product lines. Just one day after Dow Chemical Corp. reported product price hikes due to higher commodity, feedstock and transportation costs, Huntsman Corp. followed suit.

Responding to shippers’ interest and comments, Williams’ Transcontinental Gas Pipe Line Corp. (Transco) is combining its Rockies Connector and Northeast Connector projects into the Northeast Supply Project, which would provide year-round firm transportation service from Clarington, OH — the terminus of the proposed eastern portion of the Rockies Express Pipeline LLC (REX-East) — to various delivery points in Transco’s Zone 6, it said last week.

Responding to shippers’ interest and comments, Williams’ Transcontinental Gas Pipe Line Corp. (Transco) is combining its Rockies Connector and Northeast Connector projects into the Northeast Supply Project, which would provide year-round firm transportation service from Clarington, OH — the terminus of the proposed eastern portion of the Rockies Express Pipeline LLC (REX-East) — to various delivery points in Transco’s Zone 6, it said Tuesday.

The FERC Enforcement Staff, responding to claims by Energy Transfer Partners (ETP) that FERC’s price calculations were flawed, defended its use of basis price quotes as part of its charge that ETP manipulated the physical gas market to create an artificial gas price that benefited its financial market position. A public version of the latest salvo from the regulatory agency was made available last Tuesday.

The FERC Enforcement Staff, responding to claims by Energy Transfer Partners (ETP) that FERC’s price calculations were flawed, defended its use of basis price quotes as part of its charge that ETP manipulated the physical gas market to create an artificial gas price that benefited its financial market position. A public version of the latest salvo from the regulatory agency was made available Tuesday.

Responding to a late Friday filing from the FERC Enforcement Staff, Energy Transfer Partners LP (ETP) asked FERC Monday not to rule on its case until the company has an adequate chance to respond.

Responding to market interest for environmental products, the New York Mercantile Exchange Inc. (Nymex) said it will introduce the first slate of futures and options contracts as part of its Green Exchange initiative on March 16 for trade date March 17.

Responding to market interest for environmental products, the New York Mercantile Exchange Inc. (Nymex) said it will introduce the first slate of futures and options contracts as part of its Green Exchange initiative on March 16 for trade date March 17.

Responding to increased natural gas demand in Utah, Nevada and California, Kern River Gas Transmission Co. is holding a supplemental open season for 84,000 Dth/d of firm year-round transportation service to those states, the company said Thursday. Expansion service is expected to be available Nov. 1, 2010.