Well

Key pieces of comprehensive legislation aimed at restructuringthe electric industry could very well come out of both the Houseand the Senate before lawmakers leave for recess in early August,Capitol Hill observers say.

Convergence obviously is alive and well in the energy industry, but it’s not exactly what a lot of people seem to think it is, according to Dynegy CEO Chuck Watson. Convergence isn’t just about gas and power coming together. It’s not just marketing gas and power and growing market share.

Convergence obviously is alive and well in the energy industry,but it’s not exactly what a lot of people seem to think, accordingto Dynegy CEO Chuck Watson. Convergence isn’t just about gas andpower coming together. It’s not just marketing gas and power andgrowing market share.

A FERC administrative law judge (ALJ) has agreedTranscontinental Gas Pipe Line was well within its rights when itdenied ANR Pipeline an additional interconnection to its mainlinesystem in Louisiana, saying that Transco’s action did notdiscriminate, violate antitrust principles or cause ANR to losebusiness.

A FERC administrative law judge (ALJ) has agreedTranscontinental Gas Pipe Line was well within its rights when itdenied ANR Pipeline an additional interconnection to its mainlinesystem in Louisiana, saying Transco’s action neither wasdiscriminatory, caused ANR to lose business nor violated antitrustprinciples.

Enron Energy Services proved energy management services appealto Catholic clerics as well as cranberry growers while adding twodeals to its parcel of contracts. Last week EES announced dealswith the Archdiocese of Chicago and Ocean Spray Cranberries Inc.

Enron Energy Services proved energy management services appealto Catholic clerics as well as cranberry growers while adding twodeals to its parcel of contracts. Yesterday EES announced dealswith the Archdiocese of Chicago and Ocean Spray Cranberries Inc.

Producers may be walking around barefoot and hungry after thefinancial struggle in 1998, but LDCs’ wallets are thin as well. Theexceptionally warm year cut gas distribution throughputsignificantly and several local distribution companies ended theyear in the red. Average net income declined 10% for 19 gas andcombination utilities that reported earnings last week or the weekprior.

Some traders figured they might as well have taken off Tuesdayfor Martin Luther King Day; the cash market to which they returnedseemed about as quiet and low-key as it had been most of last week.Prices showed little variance from weekend numbers, with mostpoints registering as flat to less than a nickel up or down.