Stephen

The United States and Canada teamed up last Thursday as President Barack Obama and Prime Minister Stephen Harper announced the opening of a “Clean Energy Dialogue” aimed at developing energy technologies to reduce greenhouse gases and combat climate change.

The United States and Canada teamed up on Thursday as President Barack Obama and Prime Minister Stephen Harper announced the opening of a “Clean Energy Dialogue” aimed at developing energy technologies to reduce greenhouse gases and combat climate change.

In announcing the completion Friday of a $250 million debt financing for Puget Sound Energy’s (PSE) utility operations, CEO Stephen Reynolds said the completion and favorable terms indicate the market likes the private investment consortium’s purchase of PSE, which he expects to close Feb. 6. The first mortgage bond issuance was placed with more than 35 institutional investors, carrying a seven-year term and 6.75% coupon.

Bearish indicators for oil prices and robust natural gas production inform a lower 2008-2010 gas price outlook held by Stephen Smith Energy Associates. For this year the group is forecasting a $9.30/MMBtu average Henry Hub price, down from a previous estimate of $9.47/MMBtu.

Bearish indicators for oil prices and robust natural gas production inform a lower 2008-2010 gas price outlook held by Stephen Smith Energy Associates. For this year the group is forecasting a $9.30/MMBtu average Henry Hub price, down from a previous estimate of $9.47/MMBtu.

If Puget Energy CEO Stephen Reynolds and his Australian-led private investment partners are right, their proposed merger will create a “sustainable model” for the energy industry to allow electric and natural gas utilities to come up with staggering new capital funding levels to meet future infrastructure needs to produce, transport and deliver the nation’s home and business energy supplies. The deal, announced late last month, does not require any change in the rates of Puget’s Bellevue, WA-based utility, Puget Sound Energy (PSE), according to Reynolds.

If Puget Energy CEO Stephen Reynolds and his Australian-led private investment partners are right, their proposed merger will create a “sustainable model” for the energy industry to allow electric and natural gas utilities to come up with staggering new capital funding levels to meet future infrastructure needs to produce, transport and deliver the nation’s home and business energy supplies. The deal does not require any change in the rates of Puget’s Bellevue, WA-based utility, Puget Sound Energy (PSE), according to Reynolds.

In outlining Canadian Prime Minister Stephen Harper’s priorities for the country in the coming year, Canadian Governor General Michaelle Jean, in a wide-ranging speech, allowed that Kyoto Protocol emission reduction deadlines will be missed, and that Canada has every intention of defending its northern shores — and the mineral rights contained just off of them — from foreign interests.

In outlining Canadian Prime Minister Stephen Harper’s priorities for the country in the coming year, Canadian Governor General Michaelle Jean, in a wide-ranging speech, allowed that Kyoto Protocol emission reduction deadlines will be missed, and that Canada has every intention of defending its northern shores — and the mineral rights contained just off of them — from foreign interests.