Chairman Pete Domenici, R-NM, worried that FERC is down to three commissioners, one of which is “serving on borrowed time.” Commissioner William Massey’s term has expired and he may only continue to serve while the current Congress is in session. When Congress adjourns, the normally five-member commission would be without a quorum. Domenici raised the specter of “a disabled FERC,” which in view of the August blackout is not acceptable.
Worried
Articles from Worried
Sempra Not Worried About Argentina Gas Utility Investments
Argentina’s scrambled economy that has drawn front-page attention from some major U.S. financial news media so far does not worry San Diego-based Sempra Energy, which has significant interest in two natural gas utilities.
December 23, 2002
New England LDCs Aren’t Worried About LNG Ban This Winter
New England natural gas officials and key distributors predict that the region will have ample gas supplies to meet this winter’s heating demand, even if the existing embargo on liquefied natural gas (LNG) tankers into Boston Harbor should remain in effect for a prolonged period.
October 16, 2001
Edison CEO Worried About Utility’s Fate
Displaying an unusual amount of public candor last week, the parent company CEO of near-bankrupt Southern California Edison Co., Rosemead, CA, bared his corporate soul to a Los Angeles business leaders’ forum, admitting bankruptcy for the utility is a very real possibility unless there is an eleventh-hour reprieve granted by the state legislature.
June 22, 2001
CA Energy Officials Worried About Gas for Electricity
As spot gas prices in California were breaking records again Friday with $61/MMBtu quotes being reported at PG&E’s Citygate, some state officials already started dubbing the upcoming heating season as California’s “winter of discontent.”
December 11, 2000
Pipe Y2K Plans Have Shippers Worried
Dynegy Inc. told FERC last week it’s becoming alarmed at thegrowing number of varying Y2K contingency plans being filed bypipelines. The Commission should agree to allow one set ofprocedures for the entire industry, Dynegy suggested. Otherwisethere could be a state of panic on New Year’s eve when shippershave to deal with multiple sets of Y2K emergency nominationprocedures.
November 1, 1999
Pipe Y2K Plans Have Shippers Worried
Dynegy Inc. told FERC this week it’s becoming alarmed at thegrowing number of varying Y2K contingency plans being filed bypipelines. The Commission should agree to allow one set ofprocedures for the entire industry, Dynegy suggested. Otherwisethere could be a state of panic on New Year’s eve when shippershave to deal with multiple sets of Y2K emergency nominationprocedures.
October 29, 1999
KCBT is Concerned about Inactivity
Although no panic buttons are being pushed yet, the Kansas CityBoard of Trade (KCBT) is getting increasingly worried about therecent lack of activity on its gas futures contract. There has beenno estimated volume since July 29, and as a result, open interesthas been stuck at 669 positions.
August 6, 1999
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