Wanting

California’s state regulators and proponents wanting to site a liquefied natural gas (LNG) terminal in Long Beach Harbor had what may be a concluding head-butt late last month when a final request for a rehearing by Sound Energy Solutions (SES) was denied, reiterating the California Public Utilities Commission’s order that SES file with the state authorities for permission to build its proposed 1 Bcf/d receiving facility.

California’s state regulators and proponents wanting to site a liquefied natural gas (LNG) terminal in Long Beach Harbor had what may be a concluding head-butt late last month when a final request for a rehearing by Sound Energy Solutions (SES) was denied, reiterating the California Public Utilities Commission’s order that SES file with the state authorities for permission to build its proposed 1 Bcf/d receiving facility.

Apparently not wanting to try to build an energy complex against the wishes of the local community, San Jose, CA-based Calpine Corp. announced late Wednesday it was dropping its plans for developing a liquefied natural gas (LNG) terminal and other facilities in the far northern end of California in Humboldt Bay. Calpine did not say so, but it is assumed the Eureka City Council turned down the energy developer’s request for an exclusive right to assess a site on part of a little used airport.

Few traders would dispute that Wednesday was a classic day forwanting to buy early and sell late. Sources reported prices risingsteadily during trading at virtually every point, with the highends of ranges occurring late in the morning. Increases of a dimeor more dominated the market, and Northeast citygates were seeingthe high side of $3 again in some deals.