House Resources Committee Chairman Richard Pombo (R-CA) recommended Wednesday that revenues from leasing and drilling in the Arctic National Wildlife Refuge (ANWR) could be used to fund the highway and transit improvements called for in the massive transportation package being debated on Capitol Hill now.
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Articles from Richard
FERC’s Wood Sees No Signs of Manipulation of New England Markets
Against the backdrop of a recent decision by Connecticut Attorney General Richard Blumenthal to investigate the actions of power suppliers during this month’s bone-chilling freeze that covered much of the Northeast, FERC Chairman Pat Wood last Wednesday told reporters that he has seen no indications that the power market in New England was manipulated.
Connecticut AG Probes Generator Actions During Recent Cold Spell
Connecticut Attorney General Richard Blumenthal is investigating the actions of power suppliers during a recent bone-chilling freeze that blanketed the Northeast, saying he has information that some generators sold natural gas on the spot market that could have otherwise been used for their own power plants during the recent power supply crunch.
Aquila CEO Says Disposition of Trade Book ‘Virtually Completed’
Richard Green, CEO of Aquila Inc., last week told an audience of investment professionals that the company’s disposition of its trade book has “virtually been completed.” The company in August of last year vowed to exit the wholesale energy marketing and trading business operated by its Aquila Merchant Services subsidiary (see NGI, Aug. 12, 2002).
Xcel Sees NRG Emerging from Bankruptcy in November; Reaffirms Earnings Guidance
Xcel Energy CFO Richard Kelly told analysts Thursday that the company is confident its merchant power subsidiary, NRG Energy, will emerge from bankruptcy this fall, probably in late November. He said it was the company’s top priority to make that happen.
Task Force Mulls Whether Short-Term Fixes to Gas Market Possible
Rep. Richard Pombo (R-CA), co-chair of the emergency task force on natural gas issues with Rep. Billy Tauzin (R-LA), last week asked the Government Accounting Office to conduct an inventory and report on all administration appeals and judicial litigation that are delaying critical energy exploration and production projects in the United States.
Natural Gas Task Force Plans Closer Look at Gas Supply, Demand Issues
Rep. Richard Pombo (R-CA), co-chair of the emergency task force on natural gas issues with Rep. Billy Tauzin (R-LA), has asked the Government Accounting Office to conduct an inventory and report on all administration appeals and judicial litigation that are delaying critical energy exploration and production projects in the United States.
Domenici: Plan to Delay FERC’s SMD to ’08 Lacks Senate Support
A legislative proposal recently floated by Sen. Richard Shelby (R-AL) to push back implementation of FERC’s standard market design (SMD) plan for U.S. wholesale power markets to 2008 “does not have sufficient votes” in the U.S. Senate and “it does not have my support,” Sen. Pete Domenici (R-NM) told reporters last week.
Broad Commission Proposed to Examine Energy Price Spikes
Sen. Richard J. Durbin (D-IL) plans to introduce an amendment to the broad energy bill that calls for the creation of a commission made up of consumer groups, energy executives, small businesses and Bush administration officials to look into the causes of energy price spikes and issue recommendations on ways to avert them in the future.
Broad Commission Proposed to Examine Energy Price Spikes
Sen. Richard J. Durbin (D-IL) plans to introduce an amendment to the broad energy bill that calls for the creation of a commission made up of consumer groups, energy executives, small businesses and Bush administration officials to look into the causes of energy price spikes and issue recommendations on ways to avert them in the future.