Surfaced

The signs of growing cash market weakness that surfaced Tuesday were confirmed hugely Wednesday. Whereas only a moderate majority of points were slightly softer on the previous day, prices fell across the board Wednesday, with many of the losses reaching double digits.

Serious economic and grid reliability concerns surfaced Wednesday in a business-backed report that challenges a climate change action plan backed by seven western governors. The Western Climate Initiative (WCI) is an outline for limiting greenhouse gas (GHG) emissions and implementing a cap-and-trade system.

A proposal that surfaced Monday in the lower house of the Oregon Legislature bids to tighten the state’s authority in the siting process for liquefied natural gas (LNG) facilities. At least one LNG project proponent has labeled the proposal as unworkable and unnecessary, along with denying the state future economic benefits that could come with LNG imports.

Just days after Democrats turned in a solid victory last week, a crack in the party’s armor surfaced as firebrand Rep. Henry Waxman (D-CA) challenged veteran Rep. John Dingell (D-MI), who at 53 years in the House is considered the dean of the chamber, for the chairmanship of the House Energy and Commerce Committee. Senate Democrats were engaged in a little in-fighting of their own as well.

Just days after Democrats turned in a solid victory, a crack in the caucus’ armor has surfaced as firebrand Rep. Henry Waxman (D-CA) has challenged veteran Rep. John Dingell (D-MI), who at 53 years in the House is considered the dean of the chamber, for the chairmanship of the House Energy and Commerce Committee.

U.S. Forest Service officials last month terminated a memorandum of understanding (MOU) with Stanley Energy Inc. after questions surfaced about the Denver-based company’s influence over a plan to drill in the Wyoming Range.

U.S. Forest Service officials terminated a memorandum of understanding (MOU) with Stanley Energy Inc. after questions surfaced about the Denver-based company’s influence over a plan to drill in the Wyoming Range.

A third proposal has surfaced to build a new nuclear facility in Texas. Exelon Generation on Friday notified the Nuclear Regulatory Commission (NRC) that it has begun the process to obtain a combined construction and operating license (COL) to build a nuclear plant in the state at an as-yet unnamed location.

A bill has surfaced in the California Senate to prohibit new and renewed coal-fired electricity supply contracts for private and public utilities. SB 1368, sponsored by Sen. Don Perata (D-Oakland), is intended to reduce greenhouse gas emissions.