Testifying

The hundreds of people testifying last week on the Delaware River Basin Commission’s (DRBC) proposed regulations for Marcellus Shale development agreed that the regulations won’t work, but the agreement ended there.

The hundreds of people testifying Tuesday on the Delaware River Basin Commission’s proposed regulations for Marcellus Shale development agreed that the regulations won’t work, but the agreement ended there.

An expert witness for FERC last Tuesday came close to testifying that a former natural gas trader for failed hedge fund Amaranth Advisors LLC manipulated natural gas futures prices, but she never crossed that line.

An expert witness for the Federal Energy Regulatory Commission (FERC) Tuesday came close to testifying that a former natural gas trader for failed hedge fund Amaranth Advisors LLC manipulated natural gas futures prices, but she never crossed that line.

While its top utility executives were in San Francisco testifying in state regulatory hearings in support of future cost-of-service rate increases, San Diego-based Sempra Energy announced Tuesday it plans to sell 15 million shares of common stock, which has been hovering near its 52-week high market price.

Testifying before the U.S. House Transportation and Infrastructure Subcommittee on Highways and Transit on behalf of the Interstate Natural Gas Association of America (INGAA), William J. Haener, executive vice president of natural gas for CMS Energy Corp., said that the interstate natural gas pipeline industry supports the development of a gas pipeline integrity rule but recommends longer time frames for inspection intervals. The congressional subcommittee is currently considering gas pipeline safety re-authorization legislation.

Testifying before the U.S. House Transportation and Infrastructure Subcommittee on Highways and Transit on behalf of the Interstate Natural Gas Association of America (INGAA), William J. Haener, executive vice president of natural gas for CMS Energy Corp., said that the interstate natural gas pipeline industry supports the development of a gas pipeline integrity rule but recommends longer time frames for inspection intervals. The congressional subcommittee is currently considering gas pipeline safety re-authorization legislation.

Pacific Gas and Electric Co. formally announced its expansion plans last week a few days after testifying at FERC about growth on its system and the need for additional transportation and storage capacity (see Daily GPI, May 29). The utility company is holding an open season in June and July for capacity on its in-state California transmission system. Complete open season packages will be available June 12 at www.pge.com/pipeline.

Pacific Gas and Electric Co. formally announced its expansion plans yesterday a few days after testifying at FERC about growth on its system and the need for additional transportation and storage capacity (see Daily GPI, May 29). The utility company is holding an open season in June and July for capacity on its in-state California transmission system. Complete open season packages will be available June 12 at www.pge.com/pipeline.