Tag: energy

Williams raises Southern Union bid to $44 a share

And there it is: Williams Cos. this morning said it has raised its bid for Houston-based Southern Union to $44 a share, That price falls right in the middle of the range deal watchers were saying Williams needed to hit to make an offer capable of trumping the one from Energy Transfer Equity. Southern Union’s [...]  More »

Will the House turn out the lights on Rep. Joe Barton’s light bulb bill?

Republicans and Democrats sparred about the price of energy-efficient incandescent bulbs, the dangers of new compact fluorescent bulbs and the role of the federal government in regulating light bulbs.  More »

`Strategic’ oil release plays into traders’ hands

What was the message the government was trying to send to speculators? Or for that matter the market in general?  More »

Southern Union’s pipes may still be calling to Williams

Don’t count Williams Cos. out so fast. The Tulsa, Okla., company appears to have been bested in its bidding war for Houston-based Southern Union, but deal-watchers say both Williams and rival Energy Transfer Equity may continue to drive the price of the deal up. While Williams has been silent since ETE raised its offer last [...]  More »

Energy Secretary Steven Chu defends light bulb standards as GOP seeks repeal

Energy Secretary Steven Chu said the light bulb standards are a “commonsense” solution to both push forward American goals of energy efficiency and save consumers money.  More »

Doing the Wall Street Shuffle

A few weeks ago, I did an interview with Dan Cofall of The Wall Street Shuffle, which airs in the Dallas area. It was a wide-ranging interview and it was a lot of fun, though we had a bit of an embarrassing moment at the beginning when Dan thought I was a woman. I realized [...]  More »

General Electric looks for clarity on energy policy from Congress, White House

General Electric, a leading producer of gas-turbines and wind power, wants Congress and the Obama administration to pass a clear energy policy that sets green standards while recognizing natural gas’ importance as a backbone to alternative energy plants. The company unveiled a “FlexEfficiency” power plant in Paris Saturday that uses wind and solar energy but relies on natural gas for reliability, but Paul Browning, president and CEO of G.E. thermal products, said Thursday that unclear U.S. policies could prevent investors from buying into the ultimately more efficient but initially expensive plants.  More »

General Electric looks for clarity on energy policy from Congress, White House

General Electric, a leading producer of gas-turbines and wind power, wants Congress and the Obama administration to pass a clear energy policy that sets green standards while recognizing natural gas’ importance as a backbone to alternative energy plants. The company unveiled a “FlexEfficiency” power plant in Paris Saturday that uses wind and solar energy but relies on natural gas for reliability, but Paul Browning, president and CEO of G.E. thermal products, said Thursday that unclear U.S. policies could prevent investors from buying into the ultimately more efficient but initially expensive plants.  More »

GOP Rep. Blake Farenthold jumps off Boone Pickens’ natural gas bill bandwagon

Farenthold said he still supports natural gas as an energy resource, but wants to see its use encouraged in a more efficient way.  More »

Energy Transfer sweetens Southern Union offer

Energy Transfer Equity, which had its offer for Houston-based Southern Union Co. topped by Williams Cos. last month, has sweetened its bid. In a filing with the Securities and Exchange Commission, Energy Transfer said it would raise its offer to $40 a share in cash and partnership units. That bests Williams’ offer of $39 a [...]  More »

The Houston economy and me on CNBC

Here’s my appearance today on CNBC’s Power Lunch. It’s in two segments:  More »

Poll: Just 19% of Americans think feds doing adequate job of developing U.S. energy resources

The national survey of likely voters found that 75 percent do not believe the country is sufficiently developing its own resources.  More »