Unanimously

PNM Gas Utility Sale Approved in New Mexico

New Mexico regulators Thursday unanimously approved the $620 million cash sale of Albuquerque-based PNM Resources’ natural gas distribution utility operations, the state’s largest gas distributor, to New Mexico Gas Co.

December 15, 2008

PG&E Ruby Pipeline Deal Gets OK

California regulators last Thursday unanimously approved Pacific Gas and Electric Co.’s (PG&E) 15-year, 375,000 Dth/d transportation contract on the proposed Ruby Pipeline from Wyoming to southeast Oregon where existing north-south interstate pipelines serve PG&E.

November 10, 2008

CPUC Approves PG&E Ruby Pipeline Deal

California regulators Thursday unanimously approved Pacific Gas and Electric Co.’s (PG&E) 15-year, 375,000 Dth/d transportation contract on the proposed Ruby Pipeline from Wyoming to southeast Oregon where existing north-south interstate pipelines serve PG&E.

November 7, 2008

Cash Market Slides on Bearish Fundamentals

Siding with prior-day futures weakness instead of sticking to the week’s flip-flopping trend, cash points unanimously crumbled on Friday with most points declining by more than a half-dollar and a number of points out west shedding more than a dollar.

October 27, 2008

FERC Reinforces Competition in Power Market

Reaffirming its commitment to perfecting the competitive wholesale power market, the Federal Energy Regulatory Commission last Thursday unanimously approved a final rule to strengthen organized transmission markets as Chairman Joseph T. Kelliher noted the long history of bipartisan support for the competitive power market and expressed the hope it will be continued by a new administration.

October 20, 2008

Court Rules for GeoMet in Ongoing Gas Pipeline Case

The Virginia Supreme Court has unanimously ruled in favor of Houston-based GeoMet in its ongoing natural gas pipeline dispute with a CNX Gas Corp. affiliate. The dispute is centered on a 32-acre coalbed methane (CBM) play in Buchanan County, VA.

September 15, 2008

Quest Resources, Pinnacle Gas Amend Merger Agreement

Following a review of financial forecasts, the boards of directors of Oklahoma City, OK-based Quest Resources Corp. and Pinnacle Gas Resources Inc. have unanimously approved an amendment to their previously announced stock-for-stock merger agreement.

February 8, 2008

National Fuel Gas Wary of Largest Stockholder

The Pennsylvania Public Utility Commission (PUC) last Thursday voted unanimously to look into the possible change of control of National Fuel Gas Distribution Corp. and the actions of New Mountain Vantage and others acting in concert with New Mountain.

December 24, 2007

Pennsylvania PUC Looking Into National Fuel’s Pursuer

The Pennsylvania Public Utility Commission (PUC) Thursday voted unanimously to look into the possible change of control of National Fuel Gas Distribution Corp. and the actions of New Mountain Vantage and others acting in concert with New Mountain.

December 21, 2007

NARUC Supports Federal Climate Change Law, Policy Options

Among 10 board-approved resolutions passed unanimously, the National Association of Regulatory Utility Commissioners (NARUC) urged Congress to address climate change Wednesday at the conclusion of its annual meeting in Anaheim, CA. Among six energy-related recommendations, NARUC urged climate-related legislation with cap-and-trade design principles for reducing greenhouse gas (GHG) emissions.

November 15, 2007
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