Urge

There is no need for FERC to change its overall transportation policy regarding long vs. short hauls in order to address the “idiosyncratic situation” existing on a part of Northern Border Pipeline’s system, U.S. and Canadian producers have told the Commission, suggesting instead that it could grant a waiver addressing the specific circumstances to prevent a short-haul shipper from effectively stranding upstream and downstream capacity.

Eleven members of California’s congressional delegation have called on the California Public Utilities Commission (CPUC) to hold “public evidentiary hearings” to air proposals and issues related to planned liquefied natural gas (LNG) terminals and other natural gas projects.

Eleven members of California’s congressional delegation have called on the California Public Utilities Commission (CPUC) to hold “public evidentiary hearings” to air proposals and issues related to planned liquefied natural gas (LNG) terminals and other natural gas projects.

Shrugging off the urge to cover short positions, natural gas futures traders added to Friday’s sell-off Monday as they pressured the expiring July contract to its lowest level in two weeks. With that the July contract completed its tenure as prompt month in undeniably bearish fashion, slipping 21.2 cents to close at $6.141. At 88,613, estimated volume was light for an expiration-day.

Federal prosecutors in Houston last week urged a judge to follow the arranged plea bargain against Lea Fastow, who is scheduled to be sentenced this week. She is the wife of former Enron Corp. CFO Andrew Fastow, and pleaded guilty earlier this year to filing a false tax report (see NGI, Jan. 19).

Federal prosecutors in Houston this week urged a judge to follow the arranged plea bargain against Lea Fastow, who is scheduled to be sentenced next week. She is the wife of former Enron Corp. CFO Andrew Fastow, and pleaded guilty earlier this year to filing a false tax report (see Daily GPI, Jan. 15).

Two FERC administrative law judges (ALJ) on Thursday said that the full Commission should sign off on a settlement agreement reached last year between FERC trial staff and Sempra Energy Trading Corp. resolving allegations that the power company tried to game California’s electricity market in 2000-2001.

Arizona regulators have urged the state’s private-sector utilities to pursue new and traditional approaches to upgrading the state’s natural gas pipeline infrastructure and storage, seeking to provide more diversity of both supplies and infrastructure. They outlined a gas framework as part of a policy statement released just before the holidays last month.

Arizona regulators have urged the state’s private-sector utilities to pursue new and traditional approaches to upgrading the state’s natural gas pipeline infrastructure and storage, seeking to provide more diversity of both supplies and infrastructure. They outlined a gas framework as part of a policy statement released just before the holidays last month.