The Senate last week confirmed Commissioner Curt Hebert Jr. to anew five-year term on the Federal Energy Regulatory Commission. Histerm expires in June 2004.
Senate
Articles from Senate
In Brief
The Senate last week confirmed Commissioner Curt Hebert Jr. to anew five-year term on the Federal Energy Regulatory Commission. Histerm expires in June 2004.
Industry Briefs
U.S. Senate Energy and Natural Resources Committee ChairmanFrank Murkowski (R-AK) is planning to take a closer look at thepotential impact on his home state and on the West Coast of theproposed merger of BP Amoco and Atlantic Richfield Co. Thecommittee has scheduled a hearing on June 24 at 9 a.m. to reviewthe merger. BP Amoco-Arco would hold 75% of the Alaska North Slopeoil fields and a similar share of the Trans-Alaska Pipeline System.It also would have control over 90% of the crude oil delivered tothe West Coast. Its property holdings in Alaska would far exceedthe maximum allowed by state law, although the companies said theyplan to divest some of their leases. The merger would create thelargest oil producer in the U.S. and the world’s second-largestpublicly traded oil firm, with a market capitalization of about$200 billion.
Congress Oks Producer Relief in Emergency Spending Bill
Senate and House lawmakers last week voted out a $15-billionemergency funding measure that, among other things, will give somelong-sought relief to domestic natural gas and oil producers. Thebill is expected to be signed by President Clinton.
PA Bill is ‘Ambiguous,’ National Fuel Says
National Fuel Gas used a hearing in the Pennsylvania senate last week to voice its opposition to the state’s gas deregulation bill. It is the only LDC to oppose the bill so far.
PA Gas Bill is ‘Ambiguous,’ National Fuel Says
National Fuel Gas used a hearing in the Pennsylvania senateTuesday to voice its opposition to the state’s gas deregulationbill. It is the only LDC to oppose the bill so far.
Georgia Retail Unbundling on Fast Track
The Georgia Senate approved House Bill 822 by a vote of 52-0last week, paving the way for a one time, statewide customerassignment process to occur before the next heating season. Havingalready passed the House of Representatives unanimously, theamendment only needs Gov. Roy Barnes’ signature before it becomeslaw.
Georgia Legislature Puts Gas Competition on Fast Track
The Georgia Senate approved House Bill 822 by a vote of 52-0Wednesday, paving the way for a one time, statewide customerassignment process to occur before the next heating season. Havingalready passed the House of Representatives unanimously, theamendment only needs Gov. Roy Barnes’ signature before it becomeslaw.
Texas Mulls In-Kind Power Generation
Texas Land Commissioner David Dewhurst last week presented aplan to a special senate committee on electric utilityrestructuring that would allow the land commissioner to convert thestate’s oil and gas earned from public lands into electricity andsell it to Texas schools, state agencies, and local governments.
New Mexico Takes ‘First Step’ Toward Customer Choice
A measure introduced in the New Mexico senate recently was a”good first step” towards opening up the state’s electricityindustry to competition, says the state’s largest utility, althoughit cited certain concerns.