Canadian Ambassador Writes to Kelliher about Concerns over Maine LNG Projects

Canadian Ambassador Michael Wilson wrote a letter to FERC Chairman Joseph Kelliher this month expressing Canadian concerns about potential environmental, navigational and safety risks of liquefied natural gas (LNG) tanker traffic in Canadian waters in the Bay of Fundy and Passamaquoddy Bay in transit to proposed LNG import terminals in Maine.

April 17, 2006

XTO’s Chairman Sees Possible Further Upside to Oil, Gas Prices

Fast-growing XTO Energy Tuesday reported earnings for the first quarter up 122% over the same quarter last year, but that’s not all she wrote, according to Chairman Bob R. Simpson. He puts a 30% chance on oil prices going to $90 a barrel which would put natural gas in the neighborhood of $10/MMBtu, and increase XTO’s earnings by…?

July 21, 2005

California Power Market On the Brink

The good news is the lights are still on in California. But WallStreet will be watching closely this week as California legislatorson one coast and the Clinton Administration on the other attempt tostop the train wreck in the California power market and rescue thetraditional “widow and orphans” investments in PG&E Corp. andEdison International from the junk pile.

January 8, 2001
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