Tweaked

Another hurricane season may just be starting, but natural gas producers haven’t forgotten the last one and have tweaked their risk management strategies accordingly. Producers are paying more to preserve upside, but utilities could get caught out later if they lock in too high.

Saying the gas pipeline’s request was “reasonable,” the Federal Energy Regulatory Commission last week gave the North Baja Pipeline LLC the go-ahead to factor in the value of loaned natural gas when computing collateral requirements for credit-risky shippers.

Saying the gas pipeline’s request was “reasonable,” the Federal Energy Regulatory Commission on Thursday gave the North Baja Pipeline LLC the go-ahead to include the value of loaned natural gas on its system in its collateral requirements for credit-risky shippers.

Merger rumors that tweaked the stock prices of Chevron andTexaco have cooled somewhat. While the industry awaits word of adeal (or no deal), observers might consider the words of managementand economics professor Lester Thurow.

Merger rumors that tweaked the stock prices of Chevron andTexaco have cooled somewhat. While the industry awaits word of adeal (or no deal), observers might consider the words of managementand economics professor Lester Thurow.