Sole

Dominion and FPL Group Inc. said Tuesday that Dominion Energy Clearinghouse has been named the sole fuel manager and fuel supplier for FPL Energy’s Doswell electricity generation facilities in Hanover County, VA.

The NewPower Co. has been designated sole interim pooler for the Atlanta Gas Light (AGL) market by the Georgia Public Service Commission (PSC) for a one-year term starting in July. The interim pooler is a safeguard against bankruptcies for the 1.3 million gas customers in AGL’s territory the state, which has seen several marketers fail since AGL exited the gas merchant business two years ago. NewPower won the position over several other suppliers, including Infinite Energy and Georgia Natural Gas, after meeting certain criteria of the Public Service Commission.

The NewPower Co. has been designated sole interim pooler for the Atlanta Gas Light (AGL) market by the Georgia Public Service Commission (PSC) for a one-year term starting in July. The interim pool position is basically the supplier of last resort for the 1.3 million gas customers in the area. NewPower won the position over several other suppliers, including Scana and Georgia Natural Gas, after meeting certain criteria stated by the Public Service Commission.

Prices soared everywhere Friday except in Northern California asmore bullish weather forecasts and current conditions, along with asecond straight day of rising futures, propped up what had been arecently sagging cash market. Nearly all gains were within therange of 50-90 cents.

It was a no-brainer to predict Thursday’s plunging market. Amajority of price losses were between 80 cents and a dollar, aschilly but seasonally mild weather prevailed in most areas, thescreen continued to go south and traders perceived AGA’s Wednesdayafternoon storage withdrawal report of 167 Bcf as a below-parvolume.

Yukon Pacific Corp. has come up with a “slightly new twist tosupplement” its long-standing project to supply Asian markets withAlaskan liquefied natural gas (LNG), and in fact company executiveswere in Mexico yesterday to sound out officials there about it.

The Philadelphia Gas Commission’s (PGC) long term role as soleregulator of Philadelphia Gas Works’ (PGW) is coming to an end. PGWwill have to answer to a new governing body, the PennsylvaniaPublic Utility Commission (PUC). The state agency will now set theutility’s rates, as well as follow up on customer complaints andconcerns.

The Philadelphia Gas Commission’s (PGC) long term role as soleregulator of Philadelphia Gas Works’ (PGW) is coming to an end. PGWwill have to answer to a new governing body, the PennsylvaniaPublic Utility Commission (PUC). The state agency will now set theutility’s rates, as well as follow up on customer complaints andconcerns.

All sources were on the same page Tuesday regarding what waspushing cash prices upward. “Blame the screen,” they chorused,because there weren’t any fundamentals around at which to point.Just about every point was up between 10 and 15 cents, except forintra-Alberta increases of a little over a nickel.