Some in the natural gas industry are growing increasingly uneasythat the re-appointment of William Massey to a second term at theFederal Energy Regulatory Commission appears to be stalled at theWhite House.
Articles from Second
Northern Border Preparing Second Expansion
Before its massive 700 MMcf/d expansion/extension project iseven put in place, Northern Border already is planning to fileanother expansion/extension that would provide shippers with 545MMcf/d of transportation capacity into Indiana markets.
May Futures Seek Second Crack at $2.70 Level
The May Nymex contract continued its assault into higherterritory last week, as the spot month made its first ever tripabove the $2.70 mark. In fact, May set its new all-time high of$2.725 Thursday morning before strong profit taking ahead of thelong holiday weekend drove May down to a Friday settle of $2.567,up an overall 10.1 cents for the week.
FERC OKs Merger of Kentucky Utilities
Kentucky’s two largest electric utilities – Louisville Gas andElectric (LG&E) and Kentucky Utilities (KU) – won final FERCapproval for their merger Wednesday, paving the way for itscompletion sometime in the second quarter, the utilities said.