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All factions of the Canadian energy industry wasted no time in teaming up to tell the newly-elected minority government in Ottawa it will step in a political minefield if it interferes with the status quo of deregulation and free trade with the United States.

The Industrial Energy Consumers of America (IECA) told members of Congress last Thursday that ethical questions have been raised by CFTC Chairman James E. Newsome’s decision to resign from the agency in order to become the new president of the New York Mercantile Exchange (Nymex), which is regulated by the Commodity Futures Trading Commission (CFTC).

The Industrial Energy Consumers of America (IECA) told members of Congress Thursday that ethical questions have been raised by CFTC Chairman James E. Newsome’s decision to resign from the agency in order to become the new president of the New York Mercantile Exchange (Nymex), which is regulated by the CFTC.

Jeffrey Skilling, the brash, tell-it-like-it-is former CEO of Enron Corp. who has consistently maintained that he did nothing wrong during his 11-year tenure at the company, on Thursday pleaded not guilty to more than three dozen criminal counts in a Houston courtroom. After posting a bond of $5 million in cash, Skilling was freed pending a court appearance scheduled for March 11.

Jeffrey Skilling, the brash, tell-it-like-it-is former CEO of Enron Corp., pleaded not guilty to 40 criminal counts on Thursday morning in a Houston courtroom. He was free on bond after posting $5 million in cash.

As the broad energy bill (HR 6) hangs in the balance in the Senate, representatives of the struggling steel, agriculture and paper industries told a House subcommittee last week that they need fast relief from high natural gas prices. Assurances of lower prices 10 or more years down the road, when liquefied natural gas (LNG) imports and Alaska gas are projected to play a bigger role in the U.S. supply mix, don’t help them now, they said.

As the broad energy bill (HR 6) hangs in the balance in the Senate, representatives of the struggling steel, agriculture and paper industries told a House subcommittee that they need fast relief from high natural gas prices. Assurances of lower prices 10 or more years down the road, when liquefied natural gas (LNG) imports and Alaska gas are projected to play a bigger role in the U.S. supply mix, won’t do, they said.

Analysts at Credit Suisse First Boston are looking for a return to positive valuations on merchant energy company stocks because of the current pricing environment and customer demand for risk management and energy services. CSFB analyst Philip Sales said Oneok (OKE) in particular should maintain consistent earnings from merchant energy operations.

Analysts at Credit Suisse First Boston are looking for a return to positive valuations on merchant energy company stocks because of the current pricing environment and customer demand for risk management and energy services. CSFB analyst Philip Sales said Oneok (OKE) in particular should maintain consistent earnings from merchant energy operations.