Resulted

No injuries or interruptions of service resulted from a rupture of Tennessee Gas Pipeline in rural Clark County, KY shortly after noon July 22, a spokesman said.

High demand combined with takes significantly in excess of receipts resulted in a loss of nearly 200 MMcf in system linepack over the previous 24 hours, El Paso said Tuesday. With the Washington Ranch storage facility currently at maximum withdrawals, further reductions in linepack at such rates cannot be sustained, the pipeline added. Since July 10, Washington Ranch has been in net withdrawal for all but one day, resulting in a total drawdown of more than 1.5 Bcf, it said. If customers fail to improve balancing their takes and receipts, El Paso said, it will issue a notice of Strained Operating Condition.

No injuries or interruptions of service resulted from a rupture of Tennessee Gas Pipeline in rural Clark County, KY shortly after noon Saturday, a spokesman said.

A screen dive of more than 40 cents the day before and weak weather-related demand resulted in falling prices at nearly every point Tuesday. The Florida citygate was the only point to record a minor gain as Florida Gas Transmission extended an Overage Alert Day for its market area and tightened the imbalance tolerance (see Transportation Notes).

Bringing to a close charges against the utilities of Peoples Energy for its dealings with Enron that resulted in significant customer overcharges, the Illinois Commerce Commission (ICC) on Monday approved an amended settlement agreement valued at $200+ million by a vote of 3-1. Among other things, Peoples Energy will refund $100 million to customers.

MRT said a System Protection Warning initiated Dec. 31, in which the pipeline said it would be unable to schedule volumes that resulted in a net daily long imbalance position through Tuesday, will be lifted at the start of Wednesday’s gas day.

Hoping last week’s transmission emergency that resulted in isolated rolling blackouts will make a difference, California Gov. Arnold Schwarzenegger Wednesday reintroduced his plan to reorganize the state’s scattered energy functions into one cabinet-level Energy Department.

Wednesday’s screen spike, coupled with stable or increasing cooling demand, resulted in sharply higher prices across the board on Thursday. As expected, northeastern citygates averaged about $10 or more in a spot market that recorded gains ranging from C30 cents (Westcoast Station 2) to about 75 cents (Waha). Nearly all Gulf Coast points averaged more than $9.

El Paso Corp. said Tuesday that it has sold its Lakeside Technology Center in Chicago to Digital Realty Trust Inc., which resulted in $140 million in cash at closing. The deal also offers the potential of additional payments to El Paso based on future rental opportunities and other considerations.