Warns

U.S. Chamber of Commerce President Thomas Donohue said he favors deferring the re-opening of the stock exchanges on New York City’s Wall Street until damaged electricity and telephone grids have been repaired.

Comptroller General David M. Walker said Friday he received an “inadequate” amount of information related to the development of the Bush administration’s energy policy from the vice president’s office in response to a request from the General Accounting Office (GAO) and was “preparing for possible litigation.” It would be the first time the investigative branch of Congress went to court against the executive branch.

Comptroller General David M. Walker last Friday warned of “possible litigation” against the Bush administration over undelivered energy policy documents. Walker said he received an “inadequate” amount of information on Thursday from the vice president’s office in response to a request from the Government Accounting Office (GAO). It would be the first time the investigative branch of Congress went to court against the executive branch.

Royal Dutch/Shell Group’s new Chairman Phil Watts, who assumed the post at the world’s second largest energy company July 1, said the company’s production goals through the rest of 2001 will be met, but admitted that its future expansion could slow because of the sagging world economy. Watts, who inherited a company that has been knocked back in several takeover attempts recently, nonetheless noted recently that natural gas “is plainly the fuel of the future and we are well placed to be part of that future.”

To ensure that people don’t get left in the cold this winter, the Georgia Public Service Commission (PSC) issued a warning to Georgians who have had their natural gas shut off for non-payment or for those who have been notified of termination, to settle past due bills with their natural gas marketer now in order to restore service before winter.

To ensure that people don’t get left in the cold come this winter, the Georgia Public Service Commission (PSC) today issued a warning to Georgians who have had their natural gas shut off for non-payment or for those who have been notified of termination, to settle past due bills with their natural gas marketer now in order to restore service before winter.

Royal Dutch/Shell Group’s new Chairman Phil Watts, who assumed the post at the world’s second largest energy company July 1, said the company’s production goals through the rest of 2001 will be met, but admitted that its future expansion could slow because of the sagging world economy. Watts, who inherited a company that has been knocked back in several takeover attempts recently, nonetheless noted Thursday that natural gas “is plainly the fuel of the future and we are well placed to be part of that future.”

A recent report finds that all six of PJM Interconnection’s markets were reasonably competitive in 2000, although the same report warns of potential threats to competition in at least three of PJM’s markets that deserve ongoing scrutiny. At the same time, the report recommends the retention of bid caps in two of PJM’s markets and the continued development of demand-side responsiveness initiatives.

Faced with severe drought conditions and skyrocketing wholesale electricity market prices, the Bonneville Power Administration (BPA) on Monday warned that it may be forced to increase wholesale rates by 250% or more after Oct. 1, unless the region’s retail utilities and large industrial customers step up to the plate and agree to slash energy use within the next 60 days.