Yearly Archives: 2008

Chron Energy Links: 12.30.08

Items on Chron.com and elsewhere related to energy: • Rules on reporting energy reserves get an update • Refiners cranking up diesel output to meet rising global demand • Smaller power retailers uneasy • Natural gas glut weighs on prices • Trans-Alaska pipeline shut down: Bad weather interfering with tanker loading • Wind storage – […]  More »

Obama's energy/EPA picks: the press release avalance

Press release writers have been busy cranking out missives on the incoming administration’s picks to lead the Department of Energy and Environmental Protection Agency. Most of them have nice things to say (what a surprise!), but there are some interesting exceptions. Here’s a collection of statement put out about Steven Chu as Secretary of Energy, […]  More »

Enter the 'Egghead': Steven Chu for Energy Secretary

Saying “the Univeristy of California-Berkeley” and “U.S. energy policy” in the same sentence may send a chill up the spine of some in the oil patch, but they better get used to it. Berkeley physicist Steven Chu will be named Secretary of Energy under the Obama administration. Berkeley physicist and Nobel laureate Steven Chu. (UC […]  More »

Was TXU/PUC wholesale settlement a turkey?

On the Wednesday before Thanksgiving the Texas Public Utility Commission and the company-formerly-known-as-TXU announced a $15 million settlement of claims the company tried to manipulate wholesale power markets back in 2005. Big bird: Was the pre-Thanksgiving TXU/PUC announcement a “turkey drop”? The turkey float gets ready for the 59th Annual H-E-B Holiday Parade in Houston […]  More »

Alaska Gas Line: Palin OK's TransCanada

Alaska Gov. Sarah Palin signed on the dotted line Friday and officially made a $500 million incentive available to TransCanada to do work on the long-awaited Alaska natural gas pipeline. On Friday, she joined Natural Resources Commissioner Tom Irwin and Revenue Commissioner Pat Galvin in Fairbanks to formally award the gas line license to TransCanada’s […]  More »

Think your Direct Energy bills got lost in the mail?

Thousands of Direct Energy electricity customers may end up with two or three months worth of bills showing up at once due to a computer software error. A new customer service and billing program the retailer switched to this summer has a bad habit of kicking some customer’s accounts into a sort of “waiting room” […]  More »

Chron Energy Links: 12.04.08

Items on Chron.com and elsewhere related to energy: • Dow will cut production, contract jobs at Freeport complex • Austin wants to be green energy capital • U.S. auto bailout: still a ridiculously bad idea • The Dozen Auto Companies that Aren’t Going Bankrupt • US NRC accepts Luminant application to build Texas nuclear units […]  More »

Getting a read on fines vs. fees

You can’t be “fined,” but you might be charged a fee. Customers disputing high electricity bills who want CenterPoint Energy to come out and re-read their meters might find themselves paying an extra $6. In today’s story about Houstonians who continue to wrestle with high power bills that date back to problems stemming from Hurricane […]  More »

NRG says no … again.

To no one’s surprise, NRG Energy has formally said no to Exelon’s offer to buy them out. NRG already rejected the unofficial offer on Nov. 9 and is now rejecting the same offer the Chicago-based power giant is bringing to individual shareholders of NRG, Texas’ No. 2 power company. It’s all about the nukes: Well, […]  More »

Pirate humor, courtesy of Tudor Pickering Holt

The folks at Houston investment bank Tudor, Pickering, Holt & Co. are considered pretty sharp when it comes to following the energy business. They also happen to be pretty funny, which makes their daily research notes welcome in most e-mail in boxes. Today they shared some thoughts on the recent news of Somali pirates hijacking […]  More »

Electric cars in the Oil Capital

Houstonians still love their Hummers, Escalades and F-150s, but there’s a growing number of hybrids, microcars and now, 100-percent electric cars hitting the streets in the Bayou City. There’s long been an active community of electric car hobbyists, mainly centered around the Houston Electric Auto Association. This is assortment of gear heads, environmentalists and — […]  More »

NRG and Reliant: Kind of like the old HL&P?

Online energy trading/M&A news site SparkSpread.com had an item today saying the folks at NRG Energy are considering buying the retail electric business of Houston-based Reliant Energy. Does NRG plus RRI equal HL&P? A marriage between two-thirds of the former integrated utility (CenterPoint is the missing link) is being rumored. According to Bloomberg’s summary of […]  More »
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