Sensing

Sensing more political interest in possible overlap and duplication among state energy agencies, California’s three major state energy organizations announced Friday they are jointly sponsoring a draft “energy action plan” that establishes “shared goals and specific actions” to assure adequate, economic and environmentally sound electricity and natural gas supplies.

After notching a new 16-month high and cutting a wide 27-cent trading range last Thursday, natural gas futures settled down on Friday as buyers stepped back to survey the situation. Without that buying pressure, the market dropped precipitously at mid-day only to rebound modestly at the closing bell. November closed at $4.239, down 6 cents for the session, but up 9.3 cents for the week.

Sensing that updating its 1988 Pipeline Crossing Regulations was past due, Canada’s National Energy Board moved another step toward the development of new regulations called the Damage Prevention Regulations (DPR) that will govern pipeline safety throughout the country.

Sensing that it was time to update its 1988 Pipeline CrossingRegulations, Canada’s National Energy Board moved another steptoward the development of new regulations called the DamagePrevention Regulations (DPR) that will govern pipeline safetythroughout the country.