Wasted

All factions of the Canadian energy industry wasted no time in teaming up to tell the newly-elected minority government in Ottawa it will step in a political minefield if it interferes with the status quo of deregulation and free trade with the United States.

Some of the state’s biggest stakeholders wasted no time in voicing support for Gov. Arnold Schwarzenegger’s initial outline of his electricity priorities, including support for a core/noncore market structure, more renewable energy use, and long-term contracts for the state’s three private-sector utilities.

Duke Energy’s new president and COO, Fred Fowler, wasted no time in beginning a structural reorganization of Duke management to help the company weather the industry’s financial and credit crisis and restore investor confidence (see Daily GPI, Nov. 26). Harvey Padewer, former group president of Energy Services, and Jim Donnell, former president and CEO of Duke Energy North America (DENA), both resigned last week.

Duke Energy’s new president and COO, Fred Fowler, wasted no time in beginning a structural reorganization of Duke management to help the company weather the industry’s financial and credit crisis and restore investor confidence (see Daily GPI, Nov. 26). Harvey Padewer, former group president of Energy Services, and Jim Donnell, former president and CEO of Duke Energy North America (DENA), both resigned. Other key organizational and management changes were made in the company’s Energy Services and Gas Transmission businesses. Duke shares were down 7% Wednesday to $19.70.

Capitol Hill last week wasted little time in calling for hearings and investigations into the events that led up to and caused the financial collapse of energy giant Enron Corp.

Capitol Hill has wasted little time in calling for hearings and investigations into the events that led up to and caused the financial collapse of energy giant Enron Corp.

Canadian natural gas exporters have wasted no time in takingadvantage of their new power to shop around for markets as a resultof expanded pipelines.

Canadian natural gas exporters have wasted no time in takingadvantage of their new power to shop around for markets as a resultof expanded pipelines.

The Natural Gas Supply Association (NGSA) wasted little time inpicking successors to fill positions that were left vacant by thesudden departures of two staff members.