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In order to sort out historical alignment issues in the rare year — such as 2004 — when there are 53 weekly natural gas storage reports instead of the usual 52 (see NGI, Jan. 10), the Energy Information Administration (EIA) said Thursday that beginning with the report for the week ended Jan. 7, it has implemented a daily interpolated average approach of calculating the year-ago and five-year average statistics.

Energy-related master limited partnerships (MLPs), such as Kinder Morgan Energy Partners (KMP) and Enterprise Products Partners LP, may see an upsurge in business once tax changes passed by Congress this month take effect.

Energy-related master limited partnerships (MLPs), such as Kinder Morgan Energy Partners (KMP) and Enterprise Products Partners LP, may see an upsurge in business once tax changes passed by Congress this month take effect.

With a new budget finally put in place over the weekend, California Gov. Arnold Schwarzenegger is expected to turn his attention to energy issues this month, but his administration got off to a rocky start Monday with a news report quoting local government officials, environmental groups and consumer activists blasting the governor’s cabinet members for taking an 11-day trip with energy company executives to Australia and South Korea to visit liquefied natural gas (LNG) facilities.

FERC-regulated entities such as pipelines should not be required to file cash management agreements with the Commission, nor should they have to notify FERC when their proprietary equity falls below 30%, the Interstate Natural Gas Association of America (INGAA) said in comments on a recently-issued interim rule (see NGI, June 30).

FERC-regulated entities such as pipelines should not be required to file cash management agreements with the Commission, nor should they have to notify FERC when their proprietary equity falls below 30%, the Interstate Natural Gas Association of America (INGAA) said in comments on a recently-issued interim rule (see Daily GPI, June 26).

In an unusual move Wednesday, the Federal Energy Regulatory Commission, without any prodding from the courts, vacated an order that authorized Transcontinental Gas Pipe Line to spin off its 400-mile South Texas mainline and lateral facilities to an unaffiliated Texas intrastate pipeline, Enbridge Pipelines LP.

Sierra Pacific Resources and subsidiary Nevada Power filed a lawsuit Monday against El Paso, Sempra Energy and Dynegy, charging the companies and Enron conspired to restrict pipeline capacity and gas supplies and made false price reports in order to drive up prices. The lawsuit, filed in U.S. District Court in Las Vegas seeking $600 million in damages, alleges the companies engaged in restraint of trade, fraud, violation of Nevada’s RICO Act and civil conspiracy.

It was off to the races again in the Northeast Monday as multi-dollar spikes occurred at most citygates. But such strength was at odds with the general market, which showed a moderate bias to the upside in a mix of averages that ranged to about 20 cents up or down from flat.