Wanted

Announcing that it wanted to enhance its utility operations “while maximizing the potential of its diversified businesses,” Peoples Energy Corp. said last Thursday it would reorganize its personnel management, as well as consolidate its support services into a new business services unit. Among the many changes, Tom Patrick, president and COO and a company director, added the title of vice chairman of the operating subsidiaries.

Announcing that it wanted to enhance its utility operations “while maximizing the potential of its diversified businesses,” Peoples Energy Corp. said Thursday it would reorganize its personnel management, as well as consolidate its support services into a new business services unit. Among the many changes, Tom Patrick, president and COO and a company director, added the title of vice chairman of the operating subsidiaries.

Natural-gas suppliers and buyers got what they wanted north of the U.S. border–a truly competitive market in delivery services is at hand, TransCanada PipeLines Ltd. has told the National Energy Board. TransCanada predicts that within five years, two-thirds of its long-distance capacity for 7.5 Bcf/d will be sold the same way as most of the gas in its lines, on short contracts. “The traditional regulatory compact,” which kept the system reliably full on long service contracts, “has been dismantled” by allowing rivals to build new capacity.

Gas suppliers and buyers got what they wanted north of the U.S. border and a truly competitive market in delivery services is at hand, TransCanada PipeLines Ltd. told the National Energy Board. TransCanada predicts that within five years, two-thirds of its long-distance capacity for 7.5 Bcf/d will be sold the same way as most of the gas in its lines, on short contracts. “The traditional regulatory compact,” which kept the system reliably full on long service contracts, “has been dismantled” by allowing rivals to build new capacity.

For a change Pacific Gas & Electric had more gas in itssystem than it wanted. The dual utility had a systemwide Stage 3high-inventory OFO with zero tolerance for positive dailyimbalances in effect Monday but did not extend the order intotoday.

It appears the Guardian Pipeline project received what it wantedfor the holidays after all, even though it came a week or two late.The pipeline cleared one of the larger regulatory hurdles, as theFederal Energy Regulatory Commission (FERC) staff issued a FinalEnvironmental Impact Statement (EIS) on the project, deeming theconstruction and operation of the 149-mile natural gas pipelinefrom Joliet, IL, to Ixonia, WI, an acceptable environmental action.

It appears the Guardian Pipeline project received what it wantedfor the holidays afterall, even though it came a week or two late.The pipeline announced yesterday that it has cleared one of thelarger regulatory hurdles, as the Federal Energy RegulatoryCommission (FERC) Staff issued a Final Environmental ImpactStatement (EIS) on the project, deeming the construction andoperation of the 149-mile natural gas pipeline from Joliet, IL, toIxonia, WI, as an acceptable environmental action.

Canadian production is expected to fall short of filling itsexpanded export pipeline capacity by 1.5 Bcf/d in 2001 and 1 Bcf/din 2002, according to the Canadian Energy Research Institute’s(CERI) annual deliverability survey.

Canadian production is expected to fall short of filling itsexpanded export pipeline capacity by 1.5 Bcf/d in 2001 and 1 Bcf/din 2002, according to the Canadian Energy Research Institute’s(CERI) annual deliverability survey.