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Oneok Posts 2Q Spike of 64% on Trading Gains of 57%

Tulsa-based Oneok Inc. went where no man has gone before in second quarter 2002 earnings, marking a 56% increase for its marketing and trading operations segment, which, combined with solid returns in distribution, led to a gain in net income of 64% over the second quarter last year.

August 12, 2002

Oneok Posts 2Q Spike of 64% on Trading Gains of 57%

Tulsa, OK-based Oneok Inc. went where no man has gone before in second quarter 2002 earnings, marking a 56% increase for its marketing and trading operations segment, which, combined with solid returns in distribution, led to a gain in net income of 64% over the second quarter last year.

August 6, 2002

EIA to Take Over Weekly Storage Surveys from AGA

The Energy Information Administration (EIA) will take over where the American Gas Association leaves off, conducting weekly surveys of natural gas in storage in the United States, Energy Secretary Spencer Abraham said Tuesday.

October 31, 2001

GISB Expansion Would Include Power Standards

Acknowledging that the natural gas industry had converged to a point with the power industry where it is now one energy industry, the Gas Industry Standards Board (GISB) has adopted a working model for a new organization that would set the rules and practices for wholesale and retail electricity along with natural gas markets. By a unanimous 25-0 vote, GISB formally expanded its purpose to permit the “consideration of electric wholesale and retail standards and model business practices.”

October 22, 2001

EIA, CEC at Odds Over Intrastate Capacity Shortfall in CA

The Energy Information Agency (EIA) and the California Energy Commission (CEC) both agree there is a bottleneck where the interstate and intrastate grids meet in California. However, the two agencies are miles apart on the size of that bottleneck.

June 18, 2001

EIA, CEC at Odds Over Intrastate Capacity Shortfall in CA

The Energy Information Agency (EIA) and the California Energy Commission (CEC) both agree there is a bottleneck where the interstate and intrastate grids meet in California. However, the two agencies are miles apart on the size of that difference.

June 18, 2001

Conservation Takes a Back Seat, Cheney Says

In a place where he could put his point across no more clearly — a room full of Associated Press journalists — Vice President Dick Cheney on Monday used a Canadian pulpit to begin the official push for advancing the Bush Administration’s official energy policy. Cheney noted that without a solid energy plan, the entire country faces future energy shortages similar to California’s current crisis.

May 1, 2001

Otay Mesa Asks to Import Gas for San Diego Plant

To solve the question of where gas supplies will come from for its new generating plant in San Diego, the Otay Mesa Generating Co. has asked the Federal Energy Regulatory Commission for authorization to build gas import facilities at the California-Mexico border to import up to 110 MMcf/d to fuel a 510 MWh station to be sited near San Diego (see NGI, Oct. 16, 2000).

April 16, 2001

Otay Mesa Asks to Import Gas for San Diego Plant

To solve the question of where gas supplies will come from for its new generating plant in San Diego, the Otay Mesa Generating Co. LLC on Friday asked the Federal Energy Regulatory Commission for authorization to build gas import facilities at the California-Mexico border to import up to 110 MMcf/d to fuel a 510 MWh station to be sited near San Diego (see Daily GPI, Oct. 12, 2000).

April 11, 2001

CA Gas Infrastructure Could Be Overloaded

Temporary compression upgrades on parts of the SouthernCalifornia Gas Co. pipeline infrastructure along with using cushiongas from its idle Montebello underground storage field may be thelast and best hope of avoiding a meltdown in California’s naturalgas transmission pipeline infrastructure this summer under theweight of heavy demand from electric generators, a state energyexpert told California legislators Wednesday.

March 30, 2001