In a market environment where the only certainty is that there is none, natural gas wholesale buying requires a philosophy that is constantly reviewed and reiterated to organizational leaders, said Val Trinkley, general manager of EnergyUSA, speaking at GasMart 2008 in Chicago Thursday. The energy marketer with NiSource conducted a workshop on “Natural Gas Risk Management — Developing a Strategy.”
Wholesale
Articles from Wholesale
Natural Gas Costs Drag on Wisconsin Energy’s Earnings
Fuel costs, particularly the level and volatility of wholesale natural gas prices, cut into robust first quarter results for Milwaukee-based Wisconsin Energy, following record electricity and natural gas retail utility consumption in the winter quarter, the utility reported Tuesday.
Price, Demand Pressures Roil Northwest Gas Market
Economics in the western Canadian natural gas patch and the movement of increasingly more Rockies supplies east is being felt more in terms of wholesale price and supply pressures in the Pacific Northwest, according to Northwest Natural Gas Corp.’s CEO Mark Dodson. As a result, the need for siting a liquefied natural gas (LNG) terminal in the region is growing, he said during a 2007 earnings conference call Feb. 14.
Price, Demand Pressures Roil Northwest Gas Market
Economics in the Western Canadian Sedimentary Basin and the movement of increasingly more Rockies supplies east is being felt more in terms of wholesale price and supply pressures in the Pacific Northwest, according to Northwest Natural Gas Corp.’s CEO Mark Dodson. As a result, the need for siting a liquefied natural gas (LNG) terminal in the region is growing, he said.
Northwest: Flat Gas Demand Amid Ever-Changing Mix
Demand for natural gas in the Pacific Northwest will remain flat, trending slightly downward from the 2000-2001 wholesale energy market meltdown, but volatility will continue to be an issue for some utilities and their largest customers, according to a preliminary 2007 gas demand outlook from the Northwest Gas Association.
West Class Action Group Seeks Gas-Buying Plaintiffs
Lawyers for the Western States Wholesale Natural Gas Antitrust Litigation published a legal notice last Monday seeking to swell their plaintiffs’ rolls with commercial/industrial customers who bought natural gas during 1999 through 2002 for electric generation or for resale. A proposed $11.3 million settlement is pending with at least six of the defendants, subject to a fairness hearing Sept. 5 before a federal judge in Las Vegas, NV.
West Class Action Group Seeks Gas-Buying Plaintiffs
Lawyers for the Western States Wholesale Natural Gas Antitrust Litigation published a legal notice Monday seeking to swell their plaintiffs’ rolls with commercial/industrial customers who bought natural gas during 1999 through 2002 for electric generation or for resale. A proposed $11.3 million settlement is pending with at least six of the defendants, subject to a fairness hearing Sept. 5 before a federal judge in Las Vegas, NV.
FERC OKs $84M Settlements on Western Energy Crisis Claims
FERC last Thursday approved two settlements totaling more than $84 million that resolve agency investigations into wholesale market power abuses during the western energy crisis of 2000-2001.
FERC Completes Audits of Companies’ Price-Reporting Practices
FERC said Thursday it has completed audits of three energy companies’ practices for the reporting of wholesale energy prices to price index publishers, finding some noncompliance areas that the companies have agreed to correct.
FERC Completes Audits of Companies’ Price-Reporting Practices
FERC said Thursday it has completed audits of three energy companies’ practices for the reporting of wholesale energy prices to price index publishers, finding some noncompliance areas that the companies have agreed to correct.