Unlawfully

Royalty Underpayment Alleged in Virginia

Plaintiffs’ attorneys seeking class action status for lawsuits that allege Virginia producers have unlawfully taken coalbed methane gas from landowners last week filed additional complaints against leading Virginia producers Consol Energy Inc., its CNX Gas Corp. and EQT Corp. This time the companies are alleged to have sold landowners’ gas at below-market prices and improperly deducted processing and transportation costs.

July 5, 2010

Lawsuits Allege Royalty Underpayment in Virginia

Plaintiffs’ attorneys seeking class action status for lawsuits that allege Virginia producers have unlawfully taken coalbed methane gas from landowners Monday filed additional complaints against leading Virginia producers Consol Energy Inc., its CNX Gas Corp. and EQT Corp. This time the companies are alleged to have sold landowners’ gas at below-market prices and improperly deducted processing and transportation costs.

June 30, 2010

Industry Brief

The Commodity Futures Trading Commission (CFTC) issued an order charging Swiss financial services firm UBS AG with unlawfully exceeding position limits on certain energy and metal futures contracts on the New York Mercantile Exchange (Nymex). The CFTC imposed a $130,000 civil penalty on UBS for exceeding position limits on certain Nymex natural gas, heating and platinum futures contracts on more than one occasion from about December 2006 through March 2008. UBS was ordered to cease and desist from such violations of the Commodity Exchange Act. According to the order, UBS exceeded Nymex position limits for the Michigan Consolidated Gas Co. Natural Gas Basis Swap futures contract, the Transcontinental Gas Pipe Line Co. Zone 4 Index Natural Gas Basis Swap futures contract, the New York Harbor No. 2 Heating Oil futures contract and the Platinum futures contract. The CFTC said it was assisted by Nymex in resolving the matter and that it took into account the cooperation of UBS.

February 25, 2010

Industry Brief

The Commodity Futures Trading Commission (CFTC) issued an order charging Swiss financial services firm UBS AG with unlawfully exceeding position limits on certain energy and metal futures contracts on the New York Mercantile Exchange (Nymex). The CFTC imposed a $130,000 civil penalty on UBS for exceeding position limits on certain Nymex natural gas, heating and platinum futures contracts on more than one occasion from about December 2006 through March 2008. UBS was ordered to cease and desist from such violations of the Commodity Exchange Act. According to the order, UBS exceeded Nymex position limits for the Michigan Consolidated Gas Co. Natural Gas Basis Swap futures contract, the Transcontinental Gas Pipe Line Co. Zone 4 Index Natural Gas Basis Swap futures contract, the New York Harbor No. 2 Heating Oil futures contract and the Platinum futures contract. The CFTC said it was assisted by Nymex in resolving the matter and that it took into account the cooperation of UBS.

February 25, 2010

MI Attorney General Intervenes in Consumers Energy’s Requests

Looking to ensure that Consumers Energy does not unlawfully pass on additional costs to its customers, Michigan Attorney General Mike Cox said last week that he is taking action in two of the company’s cases before the Michigan Public Service Commission (MPSC).

March 17, 2003

MI Attorney General Intervenes in Consumers Energy’s Requests

Looking to ensure that Consumers Energy does not unlawfully pass on additional costs to its customers, Michigan Attorney General Mike Cox said Wednesday that he is taking action in two of the company’s cases before the Michigan Public Service Commission (MPSC).

March 13, 2003

Ohio Trade Groups Say PUCO Overcharging

Accusing the state’s utilities of unlawfully billing customers,the Industrial Energy Users-Ohio and the Ohio ManufacturersAssociation went to court this week to prevent the Public UtilitiesCommission of Ohio from imposing extra charges for a low-incomecustomer assistance program.

September 1, 2000

ANR Suing WI PSC for Part in Guardian Deliberations

ANR Pipeline, charging Wisconsin Public Service Commission filings by Wisconsin Gas for the Guardian Pipeline project were unlawfully kept secret, is suing the PSC in Dane County, WI, Circuit Court. ANR wants the court to reverse and set aside PSC orders conditionally approving Guardian. ANR seeks remanding of the case and the opportunity to intervene in a contested case hearing.

July 26, 1999

ANR Suing Wisconsin PSC Over Guardian

ANR Pipeline, charging Wisconsin Public Service Commissionfilings by Wisconsin Gas for the Guardian Pipeline project wereunlawfully kept secret, is suing the PSC in Dane County, WI,Circuit Court. ANR wants the court to reverse and set aside PSCorders conditionally approving Guardian. ANR seeks remanding of thecase and the opportunity to intervene in a contested case hearing.

July 26, 1999