Space

The downhill run for cash prices got a little steeper Wednesday, and any potential leveling off space remained beyond the horizon. Declines tended to range from about a nickel to 15 cents, but most were a dime or more. Once again, Rockies pipes either experienced less softening than the general market or even ranged from flat to a smidgen higher in a few cases as the region remained a bit warmer than most of the nation, although a mild cooling trend was under way.

Texaco Energy Systems Inc. has teamed up with Reliant Energy Power Systems to develop a space-age sounding energy system for residential and business use. TESI plans to tailor its existing fuel processing technology for REPS’ proton-exchange-membrane (PEM) fuel cell system prototype. Called the “fuel reformer,” the system would deliver personal power to homes and businesses during peak demand periods.

Texaco Energy Systems Inc. has teamed up with Reliant Energy Power Systems to develop a space-age sounding energy system for residential and business use. TESI plans to tailor its existing fuel processing technology for REPS’ proton-exchange-membrane (PEM) fuel cell system prototype. Called the “fuel reformer,” the system would deliver personal power to homes and businesses during peak demand periods.

A basis blowout of immense proportions has occurred betweenRocky Mountain region supply basins and the Southern Californiaborder this month and it appears to expanding as we enter August,leading to widespread speculation and controversy in the industryabout its causes.

CMS Energy said last week it plans to hold an open season thatcould determine the fate of all or part of the Trunkline Pipeline.During the open season, which begins today and will end Dec. 15,the pipeline intends to determine how many customers are willing tosign long-term firm transportation agreements at full tariff ratesfor service beginning April 2000.

CMS Energy said yesterday it plans to hold an open season thatcould determine the fate of all or part of the Trunkline Pipeline.During the open season, which begins today and will end Dec. 15,the pipeline intends to determine how many customers are willing tosign long-term firm transportation agreements at full tariff ratesfor service beginning April 2000.

Dynegy’s California-bound capacity on El Paso Natural Gas wentup for grabs last week, and while the pipeline expects a possiblestampede of customers, they aren’t expected until nearly the end ofthe auction period. With a right-of-first refusal held by Dynegy,bids for the capacity are expected to be higher than last time,too.

With two of its shippers taking released capacity instead of newspace, Northern Border has filed a request with FERC to downsizeits proposed Indiana extension project, Project 2000, and reducethe expected costs by $64 million. The reduction would mean asmaller rate increase, under rolled-in rate design, than would haveoccurred in the original project plan – a 2.06% rise versus 2.39%.

With two of its shippers taking released capacity instead of newspace, Northern Border has filed a request with FERC to downsizeits proposed Indiana extension project, Project 2000, and reducethe expected costs by $64 million. The reduction would mean asmaller rate increase, under rolled-in rate design, than would haveoccurred in the original project plan-a 2.06% rise versus 2.39%.