Wholesale

Warm Weather, High Storage Hardly Budge EIA Gas Outlook

Despite the warmer weather in key consuming regions and the recent drop in wholesale prices, the Energy Information Administration is still projecting that consumers will pay substantially more this winter for their heating needs than they did last winter. In fact, expected increases in winter expenditures for natural gas-heated households were raised slightly to 10% compared to projections in last month’s outlook.

January 12, 2005

Calpine Accelerates LNG Strategy, Looks at Oregon Site

Looking to help bring down wholesale natural gas prices with an infusion of new Pacific Rim supplies into the West, Calpine Corp. has made the import of liquefied natural gas (LNG) a integral part of its fuel strategy and begun very preliminary analysis of a possible receiving terminal in the far northwest corner of Oregon at the mouth of the Columbia River.

November 22, 2004

Calpine Accelerates LNG Strategy, Looks at Oregon Site

Looking to help bring down wholesale natural gas prices with an infusion of new Pacific Rim supplies into the West, Calpine Corp. has made the import of liquefied natural gas (LNG) a integral part of its fuel strategy and begun very preliminary analysis of a possible receiving terminal in the far northwest corner of Oregon at the mouth of the Columbia River.

November 16, 2004

Calpine Accelerates LNG Strategy, Looks at Oregon Site

Looking to help bring down wholesale natural gas prices with an infusion of new Pacific Rim supplies into the West, Calpine Corp. has made the import of liquefied natural gas (LNG) a integral part of its fuel strategy and begun very preliminary analysis of a possible receiving terminal in the far northwest corner of Oregon at the mouth of the Columbia River.

November 16, 2004

LNG Is Catalyst for Significant New Gas Infrastructure, Sempra Exec Says

Short of an abrupt and unforeseen big drop in wholesale natural gas prices, liquefied natural gas (LNG) imports promise to be a huge stimulus to investment in new natural gas infrastructure, according to the strategy outlined by Sempra Energy COO Donald Felsinger, who spoke Tuesday at the Merrill Lynch “Power & Natural Gas Leaders Conference” in New York City.

October 4, 2004

LNG Is Catalyst for Significant New Gas Infrastructure, Sempra Exec Says

Short of an abrupt and unforeseen big drop in wholesale natural gas prices, liquefied natural gas (LNG) imports promise to be a huge stimulus to investment in new natural gas infrastructure, according to the strategy outlined by Sempra Energy COO Donald Felsinger, who spoke Tuesday at the Merrill Lynch “Power & Natural Gas Leaders Conference” in New York City.

October 1, 2004

TXU Doesn’t See Heightened Competitive Threat From Texas Genco

In the wake of recent news that an investors group has agreed to buy Texas Genco Holdings Inc., a wholesale electric power generation company, for $3.65 billion in cash, TXU Corp.’s top executive last Thursday said that his company doesn’t see that transaction sparking a heightened competitive threat in its markets.

August 2, 2004

Sempra Earnings Double on High Wholesale Power Sales, Commodity Prices

Despite a $24 million loss taken on the sale of a UK-based retail energy marketer, San Diego-based Sempra Energy reported first quarter earnings that more than doubled results in the first quarter last year ($197 million, or 85 cents/share, versus $88 million, or 42 cents/share).

May 3, 2004

NUI Delays Financials Because of Ongoing Investigation into Wholesale Trading

Ailing NUI Corp. warned last Tuesday that it has delayed posting its financial results because of an ongoing internal investigation into its energy trading division, NUI Energy Brokers.

February 16, 2004

NUI Delays Financials Because of Ongoing Investigation into Wholesale Trading

Ailing NUI Corp. warned Tuesday that it has delayed posting its financial results because of an ongoing internal investigation into its energy trading division, NUI Energy Brokers.

February 11, 2004