Voted

Upon urgings from its staff, the Georgia Public Service Commission (GPSC) voted unanimously early last week to establish a schedule of hearings regarding an earnings review for Atlanta Gas Light Co. (AGLC), which the Commission staff said is earning between 4% and 7% more than its authorized return on equity (ROE). In response to the commission’s action, AGLC said it will file a motion for reconsideration this week.

Before leaving for recess, a House Resources subcommittee voted out legislation to the full committee that would rein in the president’s ability to prohibit oil and natural gas production and mining activities on public lands by declaring them as national monuments.

Before leaving for recess earlier this month, the Senate voted out a $60 billion transportation spending bill that calls for record funding for pipeline safety and inspection programs.

Before leaving for recess last week, the Senate voted out a $60 billion transportation spending bill that calls for record funding for pipeline safety and inspection programs.

A House Resources subcommittee voted out legislation to the full committee that would rein in the president’s ability to prohibit oil and natural gas production and mining activities on public lands by declaring them as national monuments.

FERC last week voted out a final rule that imposes a monthly (price and volume) reporting requirement on natural gas transporters and sellers to California until September 2002 in an attempt to bring gas prices there in line with other major markets around the country.

FERC voted out a final rule that imposes a major (price and volume) reporting requirement on natural gas transporters and sellers to California until September 2002 in an attempt to bring gas prices there in sync with other major markets around the country.

The board of directors of New York Mercantile Exchange Inc., (NYMEX) last week voted to elect J. Robert (Bo) Collins Jr. as president. Collins, until now the senior vice president of natural gas trading at El Paso Merchant Energy, has been serving on the NYMEX board since March as a trade representative. Before joining El Paso in 1997, Collins was a natural gas and crude options market maker with Pioneer Futures on the floor of the Exchange.

The Senate last week voted in favor of an amendment that would prohibit oil and natural gas drilling or mining on federal lands designated as national monuments, mirroring action taken by the Republican-led House last month.