Questar has started inventory and deliverability testing at its Clay Basin Storage facility. From April 1 through April 5 the work restricted customers to withdrawals only. A withdrawal test of up to 370,000 dekatherms was set for Tuesday. From Wednesday until April 22, the facility will be shut in for inventory verification, preventing Questar from using Clay Basin to balance receipt and delivery imbalances. Thus it stressed to customers the importance of preventing physical imbalances during that period.
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Transportation Notes
Texas Eastern restricted all deliveries Friday to the Transco Ragley interconnect in its West Louisiana pool, saying the pressure differential between the two pipelines did not “accommodate deliveries to Transco’s system.” The condition was expected to continue through Monday (Nov. 18).
GAO Finds SEC Scrutiny of Markets ‘Increasingly Strained’
The Securities and Exchange Commission’s (SEC) ability to closely regulate the securities and financial markets has become “increasingly strained” due to its restricted funding, limited staff and high turnover of senior staff, according to a report released by General Accounting Office (GAO) last week.
GAO Finds SEC Scrutiny of Markets ‘Increasingly Strained’
The Securities and Exchange Commission’s (SEC) ability to closely regulate the securities and financial markets has become “increasingly strained” due to its restricted funding, limited staff and high turnover of senior staff, according to a just-released report of the General Accounting Office (GAO).
El Paso Re-Opens One Line; Shuts Down Another
The Department of Transportation (DOT) on Friday gave El Paso Natural Gas the go-ahead to re-start on a restricted basis the South Mainline line that ruptured and caused the fatal explosion in New Mexico nearly a year ago (see Daily GPI, Aug. 22, 2000), interrupting some supplies to the southwestern and California gas markets for weeks and months afterward.
El Paso to Re-Open One Line, But Take Out Another
The Department of Transportation (DOT) on Friday gave El Paso Natural Gas the go-ahead to re-start on a restricted basis the South Mainline line that ruptured and caused the fatal explosion in New Mexico nearly a year ago (see NGI, Sept. 4, 2000), interrupting supplies to the southwestern and California gas markets for weeks and months afterward.