NGI All News Access

Showing some tiredness with the continuing round of “emergency”declarations swirling throughout California’s energy markets, stateregulators Thursday refused to consider an eleventh-hour request bySouthern California Edison Co. to modify a legislatively-setpricing formula for renewable energy and qualifying facilities (QF)from which it buys power in lieu of the current unprecedentednatural gas prices. The payment formula is based on price indicesfor gas at the California-Arizona border, which saw spot prices atthe $36 to $41/Mcf level earlier this week.

Investigations in several states are getting under way intoalleged illegal profit-taking by UtiliCorp United in Missouri,Michigan, Nebraska, Minnesota and Iowa. An anonymous letter fromsomeone who claimed to be a current employee for UtiliCorp was sentto state regulators alleging the company’s Gas Supply ServiceDepartment (GSS) took part in improper actions in reselling naturalgas to customers in these states.

For those who are still scrambling for explanations on why gasprices have reached record levels, Salomon Smith Barney (SSB)meteorologist Jon Davis offered a brief synopsis last week of whathappened with the weather last month. November 2000 was the secondcoldest November in 106 years and it was a complete reversal fromNovember 1999, which was the warmest November in 106 years.

Even with near record prices for oil and gas, theever-optimistic independent exploration outfits in California’straditionally fossil fuel-rich Kern County are having a hard timenailing down financing to continue exploring.

Williams’ Northwest Pipeline announced that it is planning anexpansion and is holding an open season for firm capacity on itssystem between Sumas and Chehalis, WA.

Investigations in several states are getting under way intoalleged illegal profit-taking by UtiliCorp United in Missouri,Michigan, Nebraska, Minnesota and Iowa. An anonymous letter fromsomeone who claimed to be a current employee for UtiliCorp was sentto state regulators alleging the company’s Gas Supply ServiceDepartment (GSS) took part in improper actions in reselling naturalgas to customers in these states.

For those who are still scrambling for explanations on why gasprices have reached record levels, Salomon Smith Barney (SSB)meteorologist Jon Davis offered a brief synopsis last week of whathappened with the weather last month. November 2000 was the secondcoldest November in 106 years and it was a complete reversal fromNovember 1999, which was the warmest November in 106 years.

Duke Energy Gas Transmission (DEGT) will begin a month-long open season Dec. 12 for pipeline capacity associated with its 95-mile, 24-inch Patriot Extension of the East Tennessee Natural Gas system into portions of southwest Virginia and North Carolina.

Scana Energy Marketing, a subsidiary of Scana Corp., has filed alawsuit in Cobb County Superior Court in Georgia in an attempt tohave the marketing alliance contract, which it signed in 1998 withsix co-ops, nullified.